I've been trying to search the Centrelink web site but can't find the info I need. I'm wondering how much a baby's bank account can impact on my Parenting Payment? At the moment I'm just transferring across his baby bonus, plus gold coins I save and the odd bit of pocket money family gives him. Plus he got paid for modeling for Anne Geddes! At 10 weeks old he already has $2700 and I'm very proud I've worked hard to save that

When would this become an issue? How much can a child earn before I need to declare it? What if friends and family keep putting money in over the years and it becomes $10 000, $20 000 etc. Would I lose payments or would it be classed as an asset? I'm a little confused.