thread: Baby bonus

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  1. #1
    Registered User

    Mar 2005
    Sydney, NSW
    3,352

    Baby bonus

    Hi guys,
    Im just wondering if anyone can shed some light on this. Is it true that it will be paid in fortnightly installments, and is it also true you can't be earning over $75000?
    I just owe so much money I was hoping to get a lump sum and pay it out!
    thank you xo

  2. #2
    Registered User

    Nov 2005
    in a house!
    6,125

    Yes thats true. All baby bonus payments will be paid in a lump sum unless under extreme circumstances.

    And your and your partners income must not exceed $75,000 in the first 6 months following the birth

    HTH

  3. #3
    Registered User

    Sep 2005
    In the middle of nowhere
    9,362

    I thought it was only fortnightly installments from the 1st Jan....sure I read a BG answer somewhere this week.
    It's $75K in the 6 months after the babie's born, not the whole year.

  4. #4
    Registered User

    Mar 2008
    In my own twisted little universe
    1,046

    As of 1st Jan it is paid in fortnightly installments for everyone

  5. #5
    Registered User

    Nov 2005
    in a house!
    6,125

    Yes Kim that's right, but the 1st of Jan just passed.

  6. #6
    Registered User

    Dec 2006
    In my own private paradise
    15,272

    ditto to what's been said
    it's just under $385 a fortnight for 13 fortnights and started for any baby born after Jan 1

    it is also a situation where you have twelve months to claim,not just 26 weeks, as the income of the couple has to be under 75k for the six months immediately following babies birth