The Bank of Mum and Dad | Olympia Andronicos

By Olympia Andronicos
Updated April 25 2018 - 10:01am, first published April 23 2018 - 1:57pm
PLAN AND PREPARE: It's important to get the right advice when helping your children with their finances to ensure both you and your kids are financially stable. Photo: Shutterstock.
PLAN AND PREPARE: It's important to get the right advice when helping your children with their finances to ensure both you and your kids are financially stable. Photo: Shutterstock.

The burden of HECS debt; supply of affordable homes and difficulty of saving while also paying rent is seeing “Millennials” lean on parents to save on Loan Mortgage Insurance (LMI) and qualify for more flexible savings pattern requirements.

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