Explanatory Memorandum
Circulated By the Authority of the Minister for Families, Housing, Community Services and Indigenous Affairs, the Hon Jenny Macklin MPFinancial impact statement
The Paid Parental Leave scheme will have a net cost to the Government of $1.042 billion ($1,042.4 million) over five years.
Total net cost
2009-10 | 2010-11 | 2011-12 | 2012-13 | 2013-14 |
$13.6 m | $196.7 m | $269.8 m | $279.0 m | $283.3 m |
PAID PARENTAL LEAVE (CONSEQUENTIAL AMENDMENTS) BILL 2010