Mid North News

COFFS HARBOUR IDENTIFIED AS “BANK OF MUM AND DAD” HOTSPOT

The Coffs Coast has been identified as a ‘Bank of Mum and Dad’ hotspot – now the ninth biggest lender of home loans.

And with today’s interest rate hike, experts are warning us that borrowing money off loved ones can be risky.

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Alison Paul

Completing a degree at the University of Newcastle in Communications, Alison has worked for print newspaper and magazines and spent a number of years as a freelance writer. She has been with NBN News Coffs Harbour since February 2020.

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