ETFs rival property as young Australians' first investment, Commonwealth Bank says
ETFs were the first investment for 22% of Australian on-exchange investors aged 18—29, matching residential investment property; Australian-listed shares led at 26%. Australian ETF holders more than doubled to 2.82 million in 2026 from 1.35 million in 2020. More than two-thirds of Gen Z investors trade ETFs, compared w