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the 'bank of mum and dad' is increasingly helping fund the lives of young Australians

  • Written by Dan Woodman, TR Ashworth Professor in Sociology, The University of Melbourne
the 'bank of mum and dad' is increasingly helping fund the lives of young AustraliansShutterstock

Much has been made of the increasing presence of the “bank of mum and dad” in the lives of Australians.

We know financial support from parents to adult children is increasingly used for entering the housing market.

But our new research shows parents are also helping their young adult children in other ways, including with...

Read more: the 'bank of mum and dad' is increasingly helping fund the lives of young Australians

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