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Did You Know?

The Baby Bonus comprises a cash gift (payable in five installments over 18 months into an account specified by parents) and co-savings component, where the government will match dollar-for-dollar the amount of savings parents contribute to the child’s Child Development Account (CDA) up to a specified ceiling based on child order.

Click here to find out more.


The CDA savings may be used to pay for fees at Baby Bonus Approved Institutions (AIs), click here for a list of AIs.



Information above is correct as of January 2018.

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