Q. Would you say you have a good understanding, some understanding or not much understanding of the following terms?
Good understanding |
Some understanding |
Not much understanding |
Not sure |
Lot of interest in business & finance – Good understanding |
||
Negative gearing |
19% |
38% |
36% |
7% |
51% |
|
Stocks |
18% |
42% |
35% |
6% |
52% |
|
GDP |
15% |
30% |
46% |
9% |
44% |
|
All ords |
14% |
30% |
49% |
7% |
45% |
|
Equities |
11% |
31% |
50% |
8% |
40% |
|
Options |
11% |
25% |
55% |
9% |
34% |
|
Bonds |
10% |
31% |
52% |
8% |
36% |
|
Futures |
9% |
24% |
58% |
9% |
28% |
|
FTSE |
9% |
22% |
58% |
12% |
32% |
|
Venture capital |
8% |
20% |
61% |
11% |
29% |
|
Derivatives |
7% |
17% |
65% |
10% |
25% |
|
Selling down |
7% |
20% |
61% |
11% |
26% |
Less than 20% have a good understanding of each finance term. The most understood terms were “negative gearing “ (19%), “stocks” (18%), “GDP” (15%) and “All ords” (14%).
The least understood were “selling down” (7%), “derivatives” (7%) and “venture capital” (8%).
Among those who said the had a lot of interest in business and finance, a bare majority said they had a good understanding of “stocks” (52%) and “negative gearing” (51%).