Elise Warren

Having a baby puts great financial stress on families but given the governments recent ‘working families’ budget the stress is set to increase for many high-income parents.

The Baby Bonus is regarded as an essential payment by many mothers and enables them to afford to have child. The recent changes include means testing the Baby Bonus and paying it in fortnightly instalments.

Here we explore some issues surrounding the changes in the Baby Bonus and see what impact it will have.