More Aussies turn to the Bank of Mum and Dad during rising costs

More Australians are turning to their parents to get help getting a mortgage during high-interest rates and living costs.

Beyond Bank’s operation manager, Sophie Scott-Young, says more parents are willing to help out.

“There’s been so much around the cost of housing and how hard it is for this next generation to get into housing,” she told Jimmy Bartel and Mark Allen, filling in for Ross and Russel.

Press PLAY to hear how parents are helping out

Image: iStock.