Australian (ASX) Stock Market Forum

Bouncing Baby Bonus: counting 3k to 4k

Snake Pliskin said:
...so we all should be earning $100`s of thousands then?

Poor people have a right to have children just as the rich do.

The bonus is good for increasing the birth rate which is a huge problem for us in 40 years.

It should not be exloited though like the career welfare suckers will.


Sorry, I may not have been clear in making my point.

People who earn good dollars should not be given anything by the govenment. Once upon a time in this country, we would 'means test' welfare benefits.

This government worked out that the way to a man's vote was through his back pocket and subsequently all range of benefits are now rained upon groups, both wealthly and poor, that the government knows are swinging voters.

As for encouraging the birth rate, I just feel that if $3,000 is essential to you making a 20 year commitment, you probably cant afford to have one.

There are plenty of willing and able hard workers ready to come to Australia now and in the coming decades to do jobs, including those we are not interested/trained to do, who wont cost the taxpayer thousands in upfront and ongoing benefits.

Our society just needs to deal with the fact they will not all be white and speaking english.
 
BSD said:
As for encouraging the birth rate, I just feel that if $3,000 is essential to you making a 20 year commitment, you probably cant afford to have one.
It's the way a lot of marketing works. Offer what is in reality a token financial benefit (eg first home owner's grant, supermarket fuel discounts, any loyalty scheme etc) and there are always some who will change their actions in order to take advantage of that offer rather than simply seeing it as a discount.

Likewise I expect that there will be a few women getting pregnant who wouldn't have done so if it weren't for the financial incentive. Irrational behaviour but to be expected in practice. There's always someone who sees not getting the money as a "loss" and ignores the other aspects.
 
Not everyone does this but some in fact do. It's very simple. You get pregnant, pop out the baby and then claim the $4,000. Then you go to Centrelink and apply for parenting payment single. You get welfare payment plus a bit more if you're paying rent. Then take you baby to your mum so you can have time to spend your welfare payment. As soon as the money dries up, you can get pregnant again and get the next baby bonus. This time there's another bonus as your parenting payment get a lot bigger with another child.

Studies show that children of families dependent on welfare payments themselves become dependent on welfare. Generations relying on welfare to survive. If you're a pensioner and think that these new generation will ensure that you get your pension cheque, you are sadly mistaken. Goverment cannot and will never stop welfare payments because it's political suicide. So it's up to the taxpaying working class to support everyone on welfare.
 
Just like the first home buyers grant hinted at a great time to buy a house, the baby bonus is a wonderful time to have babies. After all mortgages and babies are largely taken on faith, as no one can see 20 minutes, let alone 20 years into the future, how its all going to pan out. Mind you even wild animals know instinctively when the conditions are right and to breed up.

Just as many triple income earners as low income earners are having babies up here too. Its a baby boom! I love babies, have more I reckon.

Forget about knocking welfare recipients, talk them up so they can start to see themselves as something better. Plenty of people in the professions have had less than perfect starts.

Cheers
Happytrader
 
professor_frink said:
Baby bonus- incentive for stupid people on welfare to continue popping out stupid kids. They now win twice- baby bonus and higher welfare payments for having more kids. Meanwhile normal people see it for what it is- a drop in the ocean when weighed up against the total cost of raising a child, so it doesn't influence their decision to have one. End result- Stupid people outbreed the rest of us.

Not good.

I just wonder, what kind of people will be enticed by this grant to have more babies than they want.

Most educated people, who want babies will no doubt treat this as a bonus as new mothers and fathers would welcome extra dollars to buy baby products. And they probably won't have babies just to get the money even though it may trigger their plan to have a baby sooner.

But for those whose motive is just to get $4000.00 from the government I wonder what kind of babies they will have and what kind of mentality these babies are going to have when they grow up- I hope that they don't rely on more welfare payment for their survival. (Not that all of them will live off the benefit but from the studies I read, it is very difficult to break the mental cycle and live "unlike" your parents & upbringing) I wonder if the baby is going to get the love and care it deserves if they are so focused on the temporary gift that they are going to get.

For a economy that is growing we surely need more people- but what kind of people? The more technological deveopments we have, we need more people who can cope with more technology. If people can't keep up developments on our society they will be an outcast of our economic system and rely on welfares.

I wish the government could think of other incentives for encouraging normal people to have babies- many delay having babies because of their careers or until they are more financially stable. And many are reluctant to have more because of cost of child-care and education.

I certainly can't have a baby now(can but do not want to sacrifice my investment plans-because once certain amount of wealth is there I'll be financially non-dependent on work and I'll be more free with my time), because I feel uncomfortable with my current financial situation and my career. My career is not only about making a day to day living but it's also the way I express myself in our society. (I don't want to be going back to work to work as $12.00/hour check out chic because I want to be with kids when then come home from school. I want to have a little flexi-time work while my kid(s) grow up which my current position will not allow). I'll certainly be building a little bit more wealth and system that creates wealth before I devulge myself into motherhood and of course try to move into a position, even with a little less pay, that allows flexi time work.
 
etrader1 said:
Not everyone does this but some in fact do. It's very simple. You get pregnant, pop out the baby and then claim the $4,000. Then you go to Centrelink and apply for parenting payment single. You get welfare payment plus a bit more if you're paying rent. Then take you baby to your mum so you can have time to spend your welfare payment. As soon as the money dries up, you can get pregnant again and get the next baby bonus. This time there's another bonus as your parenting payment get a lot bigger with another child.

Studies show that children of families dependent on welfare payments themselves become dependent on welfare. Generations relying on welfare to survive. If you're a pensioner and think that these new generation will ensure that you get your pension cheque, you are sadly mistaken. Goverment cannot and will never stop welfare payments because it's political suicide. So it's up to the taxpaying working class to support everyone on welfare.

Sadly, this is so true. Some of these families have incomes on welfare significantly greater than families with a working parent. They have zilch interest in altering their status.
Obviously their children will model the behaviour they have observed while growing up.

Julia
 
Well for many it is a better option than working full-time or even part-time for that matter....see the thing is... millions of Australians that work full-time are the working poor, no better or no worse off than those who are on welfare.

And with the new IR laws set in stone, I reckon more people will be better off on welfare than working. Why work for $12.25 an hour, from midnight to dawn, and over the weekend?

If I was a female I would be popping out a baby right now! :rolleyes:
 
Not everyone does this but some in fact do. It's very simple. You get pregnant, pop out the baby and then claim the $4,000. Then you go to Centrelink and apply for parenting payment single. You get welfare payment plus a bit more if you're paying rent. Then take you baby to your mum so you can have time to spend your welfare payment. As soon as the money dries up, you can get pregnant again and get the next baby bonus. This time there's another bonus as your parenting payment get a lot bigger with another child.

Studies show that children of families dependent on welfare payments themselves become dependent on welfare. Generations relying on welfare to survive. If you're a pensioner and think that these new generation will ensure that you get your pension cheque, you are sadly mistaken. Goverment cannot and will never stop welfare payments because it's political suicide. So it's up to the taxpaying working class to support everyone on welfare.

Rather than start a new thread I dug this up...
Today/tonight showed amounts what single mums get - $1143 pf in benefits.
AND they want more, sheesh. ( some not even 18 yet)
Bloody hell, my wife has to work 50 hours pf to get that
What ever happened to Maturnity payments or is that only if you married and got divorced.
As the quote says "more babies more money" (bigger prezzies each year)

It used to be Aussie Aussie Aussie - Oi Oi Oi, now it's Ruddy Ruddy Ruddy - Gimme Gimme Gimme
 
C'mon Aussie C'mon C'MON, C'mon Aussie C'mon...

the more the wealthier.

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I assume that you don't have to give money back if children are not cared for properly or given up for adoption.
 
I wonder if the baby bonus is tax free, anyone know what the fine print is? If it's tax free it's better than gambling... except for the welfare of the baby.
 
On the baby bonus: I was listening to a radio talkback programme a couple of days ago and a woman phoned in to report a rorting of the baby bonus. I didn't believe her when she said that not only do women who have stillbirths receive the B. Bonus (I can sort of understand that on compassionate grounds, though it makes a mockery of the purpose of the B. Bonus, i.e. to provide for the child), but women who have a late term abortion also get it!!! Sounded impossible to me and the presenter of the programme similarly expressed disbelief.

However, a little while later, he came back on after having checked with Jenny Macklin's office, and said, "it's quite true: women having a late term abortion can and do claim the bonus. Several months ago Ms Macklin said she was aware of this loophole and would move immediately to correct it. But all this time later nothing has been done and women everywhere are happily having late term abortions and pocketing the baby bonus".
 
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