Here's a compelling article from Yahoo Finance. It's called The Real Cost Australian Families Pay for Having Children.
In it, Bianca Hartge-Hazelman shares some perceptive insights on the Family Tax Benefits and other ways the Australian government is trying to help Australian families. Here’s one that’s particularly thought-provoking:
While many have tried and failed, there are no tax deductions for having children or claiming childcare costs to allow people to actually participate in paid employment.
Rather, there are the Federal Government’s Childcare Subsidy and Family Tax Benefits.
Both are targeted towards those on lower incomes ...