The bank of mum and dad is under threat, with some banks refusing to lend to borrowers who have been gifted a chunk of their deposit. More
By Susan Hely -
Susan has been a finance journalist for more than 30 years, beginning at the Australian Financial Review before moving to the Sydney Morning Herald. She edited a superannuation magazine, Superfunds, for the Association of Superannuation Funds of Australia, and writes regularly on superannuation and managed funds. She's also author of the best-selling book Women and Money.