2011 Australian Baby Bonus News Site.

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.

Australian Baby Bonus

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Old 06-03-2008, 05:45 AM
Kitty's Avatar
Kitty Kitty is offline
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Join Date: Mar 2008
Location: Sydney, Hills District
Posts: 17
Default Thats pretty funny..but

I went to school with a girl called Anne Teak. Her parents obviously didn't think about that name! I will try not to make the same mistake with my child.
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