Financial Review reports 25% increase in lending by ‘The Bank of Mum and Dad’

Financial Review reports 25% increase in lending by ‘The Bank of Mum and Dad’ ‘The Bank of Mum and Dad’ is reported  to in increase lending  by 25% to $20 billion in the past 12 months due to banks’ raising rates. Source: Australian Financial Review Read full article. Tim K. Dean, Credi Founder | Commentator […]

‘The bank of Mum and Dad’ dominating the lending market in Australia – AFR

‘The bank of Mum and Dad’ dominating the lending market in Australia – AFR Jennifer Hewett of the Australian Financial Review (AFR) reports on the 5th largest lender in Australia, lending around $65.3 billion – ‘the bank of mum and dad’. Hewett highlights statistics from a survey completed by Australian financial advisor platform, Mozo, which […]