It's been a few months, but I'll see what I can remember.
-Somewhere to sleep (a bassinet is great, but a baby can go straight into a cot as they are generally swaddled when young anyway)
-A carseat if you have a car. Must be backward facing for the first six months
-A pram, look for one that is easy to lift, does from newborn, fits in your boot and is easy to steer. If there is any likelihood of having another child fairly close to the first one, get a pram you can add a toddler seat to. Also you will need a raincover and a shadecover.
-A couple of good cot blankets (these can be used in the bassinet as well). 3 sets of cot sheets.
-Bouncinette (keep in mind some babies don't like these, but they are great for most.
-Baby gym. Most say from nb to 18 months. Practically speaking they are from nb to rolling around (approx 6 months)
-At least 2 packs of newborn nappies, sometimes babies grow out of these b4 you need many more packs, so best to stock up on the next size up.
-Baby bath, or you may want to do what I did, bathed baby in the bath with me. Only problem with option 2 is that sometimes their little botty's explode in the bath. Yuk
-Cloth nappies for putting over your shoulder when burping baby
-Changing pad/waterproof cloth.
-front pack or sling. I never got the hang of the sling, but some mothers swear by them.
Hope this helps, I'll add things if I think of them. If you have anything you're not sure if you'll need ask on this post and I'll reply.
Rachelle, NZ, son George 10.12.02, Ian 15.06.04