Are you better receiving the Australian Baby Bonus or do you get a better financial result with the Paid Parental Scheme. It can be complicated, see below for details.
How is the Baby Bonus paid?
The baby bonus will be cut from $5400 to $5000 from September 2012, and frozen at that level for a further three years, until then the
Baby Bonus is paid per eligible child in 13 fortnightly instalments. From 1 July 2011, customers eligible to receive Baby Bonus will get a higher first instalment of $879.77 and 12 fortnightly instalments of approximately $379.77. The higher first instalment of Baby Bonus will assist with the upfront costs of having a new child.
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Hello!
I am a young mum of a 1 year old, who lives in Alice Springs. DF has 1 daughter who lives in SA. DF and I are going to be mairried in April next year.
My 1 year old is a boy named Jack who is not very good at eating or sleeping
, but I love anyways. (turns out it is all DF's fault cause DSD had the same problems. Hehehe, cant blaim it on me!).
Well thats my quick story. Cant wait to chat to you all!
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