WIll you be getting any money from the Kevin Rudd thingy?? Maybe that can be the extra on top of your original bidget and you can use that as a deposit if you are going for one of those interest free deals.

ALos if you do get one of those interest freee deals, make sure you pay it off before the interest free period is up. I learnt the hard way!!

Edit- I also think that a leather lounge suite is a good investment esp with a child coming. Think of spills, etc that you will be able to simply wipe off.