Industry breathes a sigh of relief as paid parental leave scrapped

Posted on 4 Feb 2015 by Tim Brown

The Prime Minister Tony Abbott has scrapped his paid parental leave scheme and replaced it with a proposed increased focus on child care, much to the delight of business groups.

The proposed $5.5bn paid parental leave scheme was to be introduced in July 2015. The scheme was designed to pay a new parent full annual salary capped at $150,000 (later revised to $100,000) for up to 6 months and was intended to replace Labor’s $1.8bn scheme to provide 18 week’s pay at minimum-wage. However, following…

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