The government is proposing measures to assist individuals who lack financial backing from family, emphasizing support for those without traditional family support networks. The prime minister has highlighted the need to address disparities in access to financial assistance, particularly for younger generations or independent adults. Concerns have been raised about the growing reliance on family funds for major life milestones like homeownership. Details are emerging on how such support might be structured and who would qualify.
The prime minister says he wants people without support from the "bank of mum and dad" to receive help.