Australians pour $7 billion into ETFs as property appeal fades
Australians invested nearly $7 billion in ETFs in September. A tax change makes property investment less attractive.
In September, Australians poured nearly $7 billion into ETFs. ETFs are bundled investments in shares and markets you buy and sell like regular shares.
The total invested is moving toward $400 billion. The shift is happening because negative gearing is ending for most properties from next year.
New builds are excluded. ETFs let even new investors get cheap, easy access to diversified investments across industries and countries.
The key is matching your choice to your age. Also consider how long you can keep the money invested and what you already own.
Australia makes up only about 2 per cent of the world's stock markets. Investing internationally through ETFs can protect you against local economic swings.
- $7 billion
- ETF investment in September
- $400 billion
- Total ETF investment approaching
- More than 500
- ETFs available in Australia
- About 2 per cent
- Australian share of world markets
Why it mattersAs property investment becomes less attractive, more Australians are moving money into ETFs. They are building investment portfolios beyond real estate.
AustraliaAustralian tax changes are driving a major shift in how Australians invest, with ETFs now competing directly with property as the primary investment vehicle for ordinary savers.
✓ Claims checked against the source and corrected before publish. checked 3 h ago
