Finder has announced new data which shows two-in-five Australian children under 12 have a mobile phone and five per cent of children under five have their own smartphone.

The study doesn’t account for special circumstances where children need a phone for safety or personal reasons.

Oliver Peterson was shocked to find so many children under five have their own smartphones.

“It really is quite alarming,” said Oly.

Press PLAY below to hear what Oly thinks about children and technology