1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.
2. If their phone camera doesn't automatically detect and decode QR codes, ask students to
4. Cut them out and place them around your class / school.
1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.
2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.
3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!
4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.
Question | Answer |
| 1. asset | a physical item that is owned by an individual or company | 2. broker | an individual or firm that acts as an jntermediary between a buyer and seller. usually charges a fee or commission | 3. bridging finance | a loan taken out to bridge the gap between providing funds to purchase a property and receiving funds from selling a property | 4. cash rate | the rate charged on the overnightloans between financial intermediaries | 5. compound interest | interest cakcukated on principal and accumulated interest. compounding is where the value of the interest increases exponentially | 6. consumer credit code | a law governing consumer lending in Australia | 7. conveyancing | legal process whereby ownership of a property is transferred from the seller to the purchaser | 8. credit report | a record of your credit applications and certain defaults which is held by the credit reporting agency | 9. debit card | a plastic card with an encided magnetic strip that enabkes access to your accounts and funds at ATMs and EFTPOS | 10. disposable income | amount of after tax income to divide between personal spending and saving | 11. duty of disclosure | duty to disclose all relevant information to an insurer which are known by the applicant to be relevant, or that a reasonable person in the circumstances woukd be relevant to the insurer | 12. EFTPOS | electronic funds at point of sale | 13. equity | difference between what yiu own and what you own | 14. face value | nominal dollar value of a security when issued | 15. financial services guide | a document required by law to be given to a retail client when they are provided a financial services by a holder of an AFSL | 16. fixed rate loan | loan where the interest rate is set for the duration of the term | 17. gearing | borrowing money to be used to buy an investment | 18. hedge | an investment made to reduce the risk of an adverse price movement of another investements | 19. inflation | the increase in the prices of goods and services in the economy | 20. insurance | provides financial protection against a future possible event | 21. intermediary | a third party who facilitates a transaction between two other parters | 22. lien | right of a lender or trader to retain assets or goods untik a debt or an account is repaid | 23. liquidity | ability to convert and asset into cash quickly without any price discount |
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