20 years ago the federal treasurer Peter Costello became an 'honorary minister' for procreation you might say.
He had just announced the "baby bonus" — a controversial $3,000 lump sum payment to new parents to incentivise Australians to prioritise having children at a time when the country was under pressure to find a way to push up our rapidly falling birthrate.
20 years on, Australia is experiencing a near-record low fertility rate.
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