Grandparent

Are grandparents giving too much?

Are grandparents giving too much? For many Australian families the arrow of intergenerational help is pointing in a new direction. Not so long ago, it was the norm for adult children to lend a financial helping hand to their ageing parents. These days, the support is more likely to flow downwards, and grandparents are increasingly likely to provide financial support to their children – and even grandchildren. As school costs soar for instance, a growing …

FinancialPartners 19/06/2016 20/08/2018 Blog / FP - Community and Lifestyle / FP - Retirement Ageing / Are grandparents giving too much? / Child care / Family / Gerontology / Grandparent / Household / Pension / Retirement

Grandparents unsung childcare heroes

Grandparents unsung childcare heroes It’s meant to be a time to kick back and pursue all those interests you put aside while you worked and raised a family. But increasingly, grandparents are being called on to fill the gaps in Australia’s formal childcare system while their adult children go out to work. Grandparents provide a staggering 23 per cent of all childcare to children under 12 in Australia, according to a recent AMP NATSEM …