Watching the 7.30 report and it seems like it was a lib/nat promise of additional baby bonus. So the NB supplement etc is all good.
That reads to me like they were going to reintroduce the baby bonus that was scrapped a few years ago, but have now decided not to.
I so hope so!
I'm also trying to figure out what's going on. I didn't realise there were any other payments available other than PPL.
Turns out you can only have the newborn supplement if you aren't claiming the PPL anyway so we will just go with PPL because the other seems to only be about $500 anyway.
Another article said this
"The baby bonus payment, which formed a key element of the Coalition power-sharing agreement struck by Prime Minister Malcolm Turnbull and Nationals leader Barnaby Joyce in September 2015, would have given eligible families with a youngest child under one year an extra $1000 a year through an increase to their Family Tax Benefit part B payment."
The current Newborn upfront payment is just over $500 and the Newborn Supplement is up to just over $1500, so they're not talking about these amounts. You can't get either of those payments if you are claiming PPL regardless.
So it does look like they just intended to introduce an extra $1000, called a baby bonus, to be added to what you'd already get in FTB, but they've scrapped the idea. It looks like the only payment they've really reduced is any amount of FTB part A if you earn over $80k (whereas before it just reduced significantly and then stopped altogether when you earned $100k)
That's how the articles read to me anyway!
That's interesting... I just did a calculator to see what we would be able to claim on the family tax benefits (A) and it says $0. Not sure if I'm just looking at the wrong thing. I don't know why I find this so complicated. Normally I'm so switched on with this sort of thing but I just can't seem to get my head around what our entitlements are.
Tortise - we are entitled to no payments from centrelink other than the paid parenting leave
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