When money is coming from the ‘Bank of Mum and Dad’, a recent study found parents and adult children can have very different assumptions – which they rarely discuss.
- Senior Lecturer in Sociology, University of Newcastle
While these strategies work for some people, they are not necessarily possible for most aspiring first home owners.
A survey of more than 4,000 Year 12 students suggests young people want schools to focus less on uniform rules and more on preparing for life after school.
Helping adult children buy homes is risky, especially because what begins as a loan can turn into an unintended gift.
It’s now common knowledge loans and gifts from family are a large part of breaking into the housing market. But how is parental financial support being used in other areas?
Instead of blaming young people for eating too many avocado toast breakfasts, we need a better understanding of the economy and society they are growing up in.
New research shows Australians are working non-standard hours, and the job of scheduling a social life around them falls disproportionately to women.
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