Senate

Paid Parental Leave (Consequential Amendments) Bill 2010

Explanatory Memorandum

Circulated By the Authority of the Minister for Families, Housing, Community Services and Indigenous Affairs, the Hon Jenny Macklin MP

Financial 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


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