coalition to scrap schoolkids bonus

exerpt from ABC Online...
But Mr Abbott has told the National Press Club he will wait to see the Government's costings.

"The Coalition will release our costings after the Government releases theirs - after the budget and before polling day," he said.

"It won't be easy to find the savings to fund tax cuts without a carbon tax, but we won't shirk the hard decisions, such as being upfront with people that the school kids bonus will go because it's a cash splash with borrowed money that has nothing to do with education."

Mr Abbott made no new commitments but reiterated promises to scrap the carbon price and the mining tax and to implement his version of paid parental leave.

"Paid parental leave must be a workplace entitlement, not a welfare one, paid at a worker's real wage," he said.

"There are only two countries in the world that don't base their parental leave schemes on people's actual pay - and Australia is one of them."

Labor, meanwhile, is also under pressure to release its costings.

Ms Gillard says the big-ticket items of disability and education will be funded through "structural savings" and she has suggested the scaling back of so-called middle-class welfare would continue.

The Prime Minister says more will be made public ahead of and in the May budget.
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the school kids bonus will go because it's a cash splash with borrowed money that has nothing to do with education.
What??...nothing to do with education!!!!
Myself and everyone I know spent all their schoolkids bonus plus more on their kids school requirements.
Dave R.