The Baby bonus scheme was intended to support parents with the costs of raising their newborns and also to encourage the growth of Australia's worrying fertility rate.
In 2013, the receivable amount was slashed from $5,000 to about $2000.
With today's world economic crisis and the very high cost of living (housing, food, fuel, and stagnant wages) there can be no amount of Baby bonus that could fix our worrying fertility rate.
The fertility rate will remain stagnant and even decline, unless of course the govt. Is willing to pay over $50,000 for each baby which then might move the fertility rate by an inch.
So Until then, we should all be welcoming all of those skilled migrants who are coming here and who are in fact contributing billions of dollars to our economy.