Former Treasurer Peter Costello has told an e61 Institute event in Sydney that the federal government should consider reintroducing the baby bonus.
Costello’s 2002 budget introduced it, giving parents $3,000, but it was wound back about a decade ago.
Australia’s fertility rate is now at a near-record low of 1.48 births per woman, with the e61 institute having released a report highlighting the issue.
