we use a dollamite account at the CBA - but that's only because DH works for the CBA and it was easy to open!! they get a cool statement that's easy to read and will be good for when he's older, it's one you can add to - we are doing the same thing as others - $10 a fortnight to be given to him when he's 18 or 21 - plus great grandparents gave him some money so it's looking pretty healthy at the moment.

DH wanted to put $50 a fortnight into it - I had to remind him if we have another bub he'll have to do the same for them and it could end up quite an expensive venture - especially considering they will probably p*ss it up against the wall when they get it!!!