Will I be eligible for the baby bonus?

[LaDeeDa]

Hi All,

Hoping someone will know the answer to this - BG I am definately hoping you will

I realise that as of Jan 1 the baby bonus will be means tested. This makes me nervous because last financial year I grossed $65k and DF grossed $40k. As he has gone back to working for a boss a month ago he should gross about $50k pa now.

How do they work it out? As bub is due in Feb will they take it on what I earn't for the last financial year?
Even though I will be leaving my job in Dec (I get 3 mths paid mat leave but I won't go back)

I hope this makes sense and someone will know - I'm a bit stressed as I am really relying on the fortnightly payments.....

TIA

[briggsy's girl]

it is based on the income predicted for the six months following the birth of your baby - if combined income for six months is less than 75k, you should be fine. based on the numbers you're floating there, you won't have a drama cos you'd have to be looking at 150k combined for 12 months, and you still getting full pay for that first six months

hth

[LaDeeDa]

BG - I don't know what we would all do without you!!!!

*All hail BG*

I was seriously stressing for a min there ....ehhehehehe

[briggsy's girl]

no dramas hun

you'll struggle to get ftb, but you'll be fine with baby bonus

[LaDeeDa]

yeah i realise that
my 3mths paid mat leave wil only be on my base wage though which is $48k (i work in sales)

after the financial year when my mat leaves ends will we be eligible for anything then?

[briggsy's girl]

if you're on no income, DP on his 50-ish, you'll get both ftba and ftbb