When you want a baby badly but can’t conceive, what are your choices? The options include adoption in Australia or from overseas, or finding someone to have your child through a surrogacy arrangement.
All these paths can be complex and an emotional roller-coaster. They can take several years from starting the application process to receiving a baby or child. Eligibility is stringent and there are complicated legal issues. Costs can vary widely, too.
Intended parents all have different experiences. For Owen Craven who, with his partner Sean Gallagher, successfully navigated all the hurdles and costs of surrogacy, having his wonderful daughter, Indigo, is definitely worth it.
Owen says it took three years of planning, saving and co-ordinating, from deciding to embark on the surrogacy to Indigo’s birth. “And here we are almost a decade later at home with a burgeoning young lady.”
Adoption within Australia is at a record low. As many as 10,000 babies a year were adopted out in the 1970s when unwed mothers were under pressure to give them up. This has declined and in the pandemic year of 2020-21 there were only 264 finalised adoptions, made up of 42 adoptions from overseas and 222 who were living permanently in Australia, according to the Australian Institute of Health and Welfare.
Intercountry adoption
Adopting a child from overseas can be a long, slow process with the median waiting time around three years and four months in 2020-21. Some countries are faster. Placements from South Korea took 24 months while for the Philippines it was about 66 months, according to the Institute of Health and Welfare.
Diese Geschichte stammt aus der June 2023-Ausgabe von Money Magazine Australia.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der June 2023-Ausgabe von Money Magazine Australia.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
An outrageous, beautiful monopoly
Telstra's mobile business is a cash machine with few competitors, giving it the highest returns in the world.
Drop the anchor to judge value
Buying and selling decisions should be based on where a stock price is going, not where it has been.
Powering the AI boom
Beyond the software and chipmakers, where will the energy come from?
Get into life
Tucked inside super are products that can protect you from life's inevitable uncertainties.
Paths to home ownership
Taking the road less travelled can sometimes deliver unexpected benefits.
Sold! Quick ways to add value
Small, strategic changes can have a big impact on the look and feel of your home. And get you a better price on auction day.
Money lessons the kids need to know
Your children can learn a lot from your past money mishaps. Here are eight financial conversations I have had with mine.
Property-investing rules: are they likely to change?
The pressure for the government to curb the tax benefits of tax concessions, such as negative gearing and the capital gains tax discount, is unrelenting. Most recently, independent senators David Pocock and Jacqui Lambie proposed five options for paring back investment property tax concessions, with savings to the Federal budget of up to $60 billion over the next decade.
What's love got to do with it?
A rollercoaster of emotions could be driving poor crypto behaviour.
Are we ready to be cash-free?
Saying goodbye to our piggy banks too soon could leave small businesses in the dark when problems arise.