Publication Details

This conference paper was originally published as Marcolin, S and Abraham, A, Financial literacy research: current literature and future opportunities, In P. Basu, G. O'Neill & A. Travaglione (Eds.), Proceedings of the 3rd International Conference on Contemporary Business, Leura NSW, 21-22 September 2006. Australia: Faculty of Commerce, Charles Stuart University.


The need for financial literacy has become increasingly significant with the deregulation of financial markets and the easier access to credit; the ready issue of credit cards; the rapid growth in marketing financial products and the Government’s encouragement for its citizens to take more self-responsibility for their retirement incomes. This paper reviews, compares and analyses studies conducted in Australia, the United States and the United Kingdom to determine areas of both commonality and inconsistency. As a result of this analysis, the paper presents recurrent themes that could be extended, together with potential new areas for financial literacy research.