Those with family incomes over about $150K don't care anyway because they don't get FTBA. It won't make a squid of difference to me as my kids are older. It really only makes a difference to those with kids under 5 or who are planning on having kids.

I just saw (one party's) parental leave policy. They are planning a government-funded paid parental leave for 6 months post baby at whatever your income was pre-baby. That's going to create all sorts of issues for high-income earning women. Six months paid if the woman earns $500k per year... and they've only budgeted $5.5 billion don't know how that's going to work.

Mind you - these are all just policies for them to get voted in on. They may very well change (or not pass through the Lower House/Upper House) in the format that they are currently being "sold" in.

Interesting debate though.
I don't read it that it will only impact up til 5 years. But I've only skimmed it (eta. This article mentions those three ages. The other I read earlier didnt)

And 150k is very generous. For a one child family its 101k, 112 ish for two child family....