Thanks Mum! Thanks Dad! - How the 'Bank of Mum and Dad' Will Underpin a House Rise of 2024
Nov 29, 2023•38 min
Episode description
It's one of Australia's biggest banks but we never see any data from it - in fact, we heavily underestimate the role of family finance in helping first-time buyers get started in the property market. But this is a key factor set to underpin yet another lift in house prices in 2024 if the economists have it right.
In today's show, we cover:
- The Bank of Mum and Dad
- Immigration levels and the rental market
- The return of the lodger
- What happens to tax losses with the new super tax
Diana Mousina, economist at AMP joins Wealth Editor James Kirby in this episode
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