Unclear BOMAD arrangement ends up in court

Increased reliance on the bank of mum and dad to help young people get into a home has led to an increase in disputes involving family financing arrangements. Richard Gardiner and Robert Dickfos of law firm HopgoodGanim say a number…

Protecting the riskiest loan of all: the bank of mum and dad

Australian fintech Credi aims to give peace of mind to parents lending money to children through a new loan management platform for families and friends. The fintech not only formalises loans for the bank of mum and dad (BoMAD) but…