Young families will gain an increase in paid parental leave from 18 to 26 weeks in a federal pledge to make it easier for young families at a cost that is set to exceed $600 million a year. | CroweDM
Prime Minister Anthony Albanese cleared the policy with federal cabinet ministers on Friday.
The existing scheme, introduced by Labor in 2011, is paid at the national minimum wage of about $812 a week for 18 weeks for the primary carer and another two weeks for dads or partners. Prime Minister Anthony Albanese cleared the policy with federal cabinet ministers on Friday to extend the existing scheme by 2026 after months of pressure from the Greens and “teal” independent MPs to be more generous.
The expanded scheme will be included in the October 25 federal budget but will not start for several years, keeping the cost down and allowing time for a debate over the “use it or lose it” rules that force one partner – usually the man – to take leave and do more of the work to look after newborn children.
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