The Baby Bonus will be cut back for a $500 million saving. Presently, second and third children receive the $5000 granted for a first child. But this will be cut to $3000.
"After the first child you have bought the cot, the pram, and the other items you can use again,'' Mr Swan told reporters.
Sorry if this has been posted today! I searched and couldn't find it.
Lol Wayne Swan