In times where adult children are living at home longer, it has become more common for them to borrow from the 'Bank of Mum and Dad' to get a foot in the door of the property market. But what happens when those adult children separate from their partner, and mum and dad want their money back?

The economic instability caused by the Covid-19 global pandemic is starting to impact Australian home values, especially those in capital cities. What happens when separating parties have already agreed on the sale of a property as part of a family law settlement? Does the changing financial landscape provide scope for parties to overturn previous agreements?