The big news for families (or families-to-be) out of yesterday’s budget announcement was the cut to the Baby Bonus.
Parents will now receive $3000, rather than $5000, for second and subsequent children.
The reason for the cut was so the budget could remain in surplus and the rationale was that parents already have the majority of baby items from the first child so wouldn’t need to buy as many big ticket items second (and third) time around.
And parents have been vocal in both criticising and applauding the change.
Supporters say that a ‘bonus’ isn’t something we’re entitled too – it is a bonus! Others comment that taxpayers shouldn’t be footing the bill for other people’s babies anyway.
Those criticising the cuts, say the rationale is flawed. Your second baby still needs its own bed and carseat and nappies etc. Some people need twice as much stuff when their children are born close together. Others, with larger gaps, may have already given away or sold their baby items.
The opposition has likened it to China’s one-child policy…
As far as I’m concerned, I’m grateful for the bonus I received after my two babies were born. But to be honest, I don’t think it went directly on baby items anyway. In it’s current form – fortnightly payments after the baby is born – we were more likely to use it on living expenses like groceries or just put it in the bank for a rainy day.
We’d bought the majority of items before each baby was born and we didn’t spend a great deal anyway as we were lucky enough to have a friend lend us a cot and to recieve a pram and change table as gifts.
But not everyone is in the same position … how will the change affect you? What do you think of the changes to the Baby Bonus?
– written by BH Editor