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A survey reveals that most Australian young adults rely on social media and AI for financial advice, raising concerns about misinformation and financial risks.
A survey of 1,227 Australians aged 18 to 28 found that 63% have used social media for financial advice, with 56% trusting the information they find online.
Nearly a third watch YouTube for investment tips, and 18% use AI tools for financial decisions.
The findings highlight a major shift toward digital sources, raising regulatory concerns over misinformation, unverified advice, and risks to financial well-being.
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Una encuesta revela que la mayoría de los adultos jóvenes australianos confían en las redes sociales y la IA para obtener consejos financieros, lo que genera preocupación por la desinformación y los riesgos financieros.