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Practising Information Literacy by Sanna Talja, Annemaree Lloyd

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Chapter 12

Knowledge building by Australian online investors: The role of information literacy

Kirsty Williamson

Share investment in the Western world has been burgeoning. Almost 50% of Australian adults have now invested in shares, according to recent statistics (ASX 2008). Although some people hold shares through their superannuation funds and are not themselves actively investing, a sizeable proportion of investors are now investing online without advice from professional sharebrokers or financial advisors.

It is readily agreed (Boreham 2008; Bradley 2006, 2004) that, especially compared with pre-Internet days, investors have an abundance of information at their fingertips—labelled ‘a cornucopia’ by Kaplan (2008). The words ‘empowered’ ...

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