Best of: Kochie on the bank of mum and dad

Headlines: Jeju Air CEO accepts blame for crash killing 179, Labor's grip on power is looking shaky, and India will need to pull off the highest run chase in more than a century to win the 4th test today.

Best of Deep Dive: Over the next decade in Australia, $5 trillion is expected to move down the generations, with around $2.3 trillion to be given to the children of Boomers, $1 trillion to their grandkids, and $1.7 trillion to charities.

The bank of mum and dad is somewhere between the 5th and 9th biggest lender according to the Productivity Commission.

In this episode of The Briefing’s Best of Summer Series, we’re listening back to Sacha Barbour Gatt’s chat with Compare the Market’s Economic Director David Koch to find out what impact this will have on the economy.

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