The Bank of Mum and Dad was once the source of financial assistance for their kids. As these unofficial ‘bankers’ age, a new participant is emerging: Granny Bank!
17 December 2025
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Peter Switzer launched his own financial business 30 years ago. The Switzer Group has since grown into three successful companies spanning media and publishing that creates written content as well as video and films, with its latest acquisition being the global brand Harper’s Bazaar, financial advice, insurance and business advice. Peter is an award-winning broadcaster, twice runner-up for the Best Current Affairs Commentator award for radio, behind broadcaster Alan Jones. He talks to Ben Fordham each morning on 2GB, as well as writing each day on switzer.com.au
The Bank of Mum and Dad was once the source of financial assistance for their kids. As these unofficial ‘bankers’ age, a new participant is emerging: Granny Bank!
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Warning: If an employer denies a work from home request, they could be called lawbreakers and face serious consequences.
Why are the Treasurer and the RBA continuing to punish young homeowners (many with young children) who borrow to own a home? Isn’t it time to try other policies to beat inflation, like less government spending?
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