Budgeting for a baby

Having a baby is one of the most significant events that can happen in your life. It is a good idea to have your finances in order so you can concentrate on caring for, and raising your child.

Read comprehensive advice on budgeting for you and your child.

Use a budget planner to see what you spend your money on and if you are spending more than you can afford.

Find information and advice on:

  • financial planning and budgets—general financial tips including how to find an adviser or counsellor and links to budgeting tools
  • family payments and support—read about the payments that may be available including the baby bonus and childcare assistance 
  • parental leave—find out about your entitlements for paid and unpaid parental leave
  • medical and dental costs—links to information on the public health system, rebates for medical expenses and private health insurance.

Advice for new parents

Help and counselling for new parents is available. Whether you need general advice or counselling and support, we’ll point you in the right direction.