Interview: Former Westpac boss reinventing the bank of mum and dad
FEAR & GREED | Business News
<p>With house prices still extraordinarily high, it's little wonder that so many first homebuyers are turning to the bank of mum and dad.<br><br>Now two former bank bosses - former Westpac CEO Brian Hartzer and former ANZ New Zealand CEO Dr Jenny Fagg - have started 2Be, a non-bank lender focused on the bank of mum and dad.<br><br>Brian talks to Sean Aylmer about the housing market, interest rates, and why it's so important that parents who loan money to their kids do it carefully.</p>
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