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“63% of young Australians are taking financial advice from social media… and acting on it.”| In the Media

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“63% of young Australians are taking financial advice from social media… and acting on it.”| In the Media

In a radio interview on 2CC on 28 April, Managing Director Gareth Croy spoke about the growing reliance on social media for financial information.

63% of young Australians are now turning to these platforms and many are acting on what they see.

The challenge is that most content online is general information, not advice tailored to individual circumstances.

What works for one person can be completely wrong for another.

Social media has a place in education, but real financial decisions need context, not just content.

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Listen to the interview from 28th of April here.

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