A declining birth rate will be costly in the long run, says Peter Costello | The Business | ABC NEWS
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A declining birth rate will be costly in the long run, says Peter Costello | The Business | ABC NEWS
If you recognise the phrase "one for mum, one for dad, one for the country", you'll also remember when Australia had a baby bonus, which saw new parents receive a lump sum payment of $3,000. It was widely credited for a sustained increase in births in the following years. Those now-famous words came from then treasurer Peter Costello ...
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