When I was pregnant for the first time, DH and I got a few things second hand and a few things new. We did not want to spend a lot of money (we didn't have much to spend), so we basically avoided specialist baby stores and looked at the department stores like Kmart, Target and Big W, and bought things when sales were on. But ultimately it comes down what you consider important, and what you don't. Some things I hadn't even thought of that I might find useful ended up being invaluable, like the rocker and steriliser my mum bought us, and the ton of body suits and bibs that DHs mum bought us. Other things, like decorating the room and buying a ton of toys were things we did not see as that important. It is really a personal thing - you can get everything your baby needs without spending a lot of money, or you can spend a fortune.