BBC NewsBank of Mum and Dad props up UK housing marketTelegraph.co.ukBritish parents and grandparents are giving their offspring £5bn a year to help them get a foot on the property ladder, making them the equivalent of the 10th biggest mortgage lender in the country. Borrowing from family and friends to help fund ...'Bank of mum and dad' lends £5bn a year in UK, says L&GBBC Newsall 5 news articles »
BBC NewsBank of Mum and Dad is huge, but not enough to solve housing crisisTelegraph.co.ukMoney supplied for house purchases by family members now amounts to £5bn annually: the average parental contribution towards a deposit is now £17,500, and these funds in turn underpin property purchases worth £77bn. ... The way we “do” mortgages in the ...'Bank of mum and dad' lends £5bn a year in UK, says L&GBBC Newsall 5 news articles »
The RegisterPerth SmartRider public transport cards popped by student researchersThe Register"It is possible to replay an autoload (direct debit recharge) and keep getting more credit," Carruthers told the WAHckon security conference in Perth, last Sunday. "The costs came out to $18 and the smart riders had $20 worth of credit, so I ... The ...
Daily MailAP EXPLAINS: What is bitcoin? A look at the digital currencyDaily MailNEW YORK (AP) — Bitcoin is a type of digital currency that allows people to buy goods and services and exchange money without involving banks, credit card issuers or other third parties. Its origins have long been a mystery — though an Australian man ...and more »
Marcher banking malware hitting AustraliaSC Magazine UKMarcher Madness continues with a new, stealthier iteration of the Marcher banking malware targeting Android users in Australia. In a new post, Oren Koriat, a mobile information security analyst at Check Point, details the process of an attack from the ...