It's not just housing: The 'bank of mum and dad' is increasingly helping fund…

December 25, 2023 This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: fact-checked trusted source written by researcher(s) proofread by Dan Woodman, Julia Cook and Quentin Maire, The Conversation 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,…