Which bank? The Bank of Parents in nation's top 10

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Opinion: Which bank? The Bank of Parents in nation's top 10, writes JennaPrice

of the Reserve Bank Governor Philip Lowe to pretend that the economy is A-OK, this might be a good time to help your children with their home deposit if it’s possible.

BOP is among Australia's top 10 lenders and it’s provided about $30 billion to first home buyers over the last five years. Those figures are derived from the Australian Prudential Regulation Authority data on banks and crunched by Digital Finance Analytics’ Martin North. BOP’s currently hanging in ninth place but North says it’s been moving up the rankings pretty quickly, particularly over the last three years.Now is, of course, the perfect time for the expansion of the BOP market.

The residential unit crisis is just another term for a complete absence of trust in development in NSW, allowed to flourish with next-to-no oversight since the election of the NSW Liberal government in 2011. Now we are waiting for the premier to

 

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JennaPrice I was one of these. I felt awful every moment until I could refinance and take the risk away from my parents. I also bought with a (now) ex-partner who turned out impulsive and made many many risky financial decisions without consulting me.

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