Best Start tax credit
Best Start is a new weekly payment of $60 per child, available to eligible parents who have a baby due on or after 1 July 2018. All families receive this payment until the child turns one, no matter what the household income is.
Families with a household income of less than $79,000 will continue to receive $60 a week until the child turns three. Those earning above this amount may continue to receive payments at a reduced amount. The upper threshold is $93,858 (for one child) when payments stop.
For those that receive paid parental leave, Best Start payments will begin once paid parental leave finishes. If the child is cared for under a shared care arrangement, the amount the primary caregiver receives will be apportioned according to their arrangement.