Young families in Wright will receive much-needed assistance under the Coalitions Paid Parental Leave (PPL) scheme.
Scott Buchholz, Federal Member for Wright said the Coalitions PPL scheme will strengthen the economy and help families when they need it most.
When a new baby arrives there is no leave from mortgages, power and fuel bills, said Mr. Buchholz.
Our scheme will provide mothers with 26 weeks of paid parental leave, at their actual wage or the national minimum wage (whichever is greater) plus superannuation. In contrast, Labors Parental Leave Scheme is paid at 18 weeks minimum wage and doesnt provide super.
Under our scheme, women on average salaries will be big winners.
Our PPL scheme will result in a woman earning the average full time salary for women of around $65,000 receiving $32,500 and being around $21,300 better off. Labors scheme only offers a total payment of $11,200 which reflects 18 weeks of the minimum wage.
Importantly, the Coalitions PPL scheme also includes superannuation. If a woman earning $65,000 has two children at ages 26 and 29, she will be around $50,000 better off in retirement than under Labors scheme, which does not include superannuation.
The Coalitions scheme for Paid Parental Leave is based on a replacement wage, rather than the minimum wage.
Australian men and women receive a replacement wage when they are on annual leave, sick leave and long service leave so why shouldnt a mother receive her full wage while on parental leave?
Mr. Buchholz said that under the Coalitions PPL scheme, fathers will be eligible for two weeks out of the 26 weeks for dedicated parental leave at their actual wage or the national minimum wage (whichever is greater), plus superannuation.
I am proud of this policy: it helps women, helps families and strengthens the economy.
Mr. Buchholz said the Coalitions Paid Parental leave scheme is part of Our Real Solutions Plan to build a stronger Australia and a better future for all Australians.