Tuesday, October 30, 2007

Baby Bonus 'failure'

The Australian Baby Bonus has failed. Their national fertility rate has climbed from 1.79 to 1.81 (New Zealand's is 2.10)

I predicted it would fail because those younger women who could be 'incentivised' to have children were already taken care of through welfare - the Parenting Payment (single). In 2006 433,000 were in force.

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