It seems more and more young people are expecting parents to help buy their first home. 

But yet young people often still struggle when it comes to financial literacy. 

20 percent of those aged between 16 and 24 think Kiwisaver balances can only ever go up in value.  

That's according to research out by BetterSaver, which also found half of that age bracket expect their parents will gift or loan money for a first house deposit.  

Mortgage adviser Rupert Gough from Mortgage Lab joined Kate Hawkesby. 

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