With rising interest rates, and constant talk of cost of living, Canberra kids are increasingly having to go to the bank of Mum & Dad to purchase their first home.

There’s a new report from advisory group Jarden Australia showing 15 percent of borrowers are receiving an average of $92,000 from parents.

I repeat $92,000!

That’s a huge jump from the $23,500 average back in 2010.

Hit 104.7’s Wilko & Courts broke the news this morning…