James Wrigley

The interest or the dividends or that kind of income return that you earn on these assets, that's still going to be taxed at marginal tax rates, whereas in the super fund, that's going to be at 30.

And so from an ordinary income perspective, you're better off in your own name than you are in super, assuming you don't have any other income in your own name.

But from a capital gains tax perspective, then it's a fairly similar setup, albeit remember that the capital gain on the assets in your own name is going to be indexed with inflation and then a minimum 30%, whereas the capital gains tax under this Division 296, if that's where all of the earnings lands, is going to be a flat 30%.

So you've probably got a higher capital gains tax bill in super than you would

in your own name, but it's not night and day like it was before.

It's certainly something that needs some extra thinking.

I think there will be less people pulling money out of super because the alternative of outside isn't that much different for some people now anymore.

Look, possibly, but I think it will also skew like that particular product that was mentioned is a share market geared type of product that's available.

I think we'll see people moving forward where it was the default for a lot of Aussies to buy their house and then go and buy an investment property on another one.

Whereas I think we'll have a lot more people now considering, okay, well, do I invest in the property or shares essentially?

Because you can still negatively gear your share portfolio.

You can negatively gear your commercial property if you're going down that route.

So not only does the ordinary income, that dividend type income, it's going to be taxed at marginal tax rates, not this capital gains tax regime that you're talking about before, but also the income losses that you take if your interest bill is more than the income that you're earning.

that's deductible against your ordinary income as well.

So I think we will see a lot more people considering the share market for their investing and potentially negatively gearing investing, whereas before the

Could they?

Yes.

For the most part, these ETF providers are really just in the market of providing an investment option

the entity through which you own that investment option is then entirely up to you, the investor.

Now, mentioning Vanguard, they have launched a super product, but for the most part, these ETF providers are really just providing an investment option.