The Greens have also announced a plan to boost paid parental leave.
Senator Larrissa Waters and Ryan MP Elizabeth Watson-Brown said the plan would:
- Double the length of paid parental leave from 26 weeks to 52 weeks by 2030
- Increase the rate of pay to replacement wage, with the government funding up to $100,000 and employers topping up to replacement wage for those earning above $100,000
- Increase the ‘use it or lose it’ component for secondary carers from 4 to 12 weeks
- Expand parental leave eligibility to all PhD students (irrespective of employment status)
- Pay superannuation on 52 weeks of paid parental leave
Waters
In this cost of living crisis, trying to balance the household budget with a newborn has never been harder.
It’s time parents are rewarded, not penalised, for dedicating themselves to the precious first year of a baby’s life.
26 weeks at minimum wage is not enough. Families are being forced to make decisions that keep the bills paid rather than being supported to choose what’s right for them and their kids.
Hard working new parents are sacrificing precious time with their family, while big corporations make record profits and 1 in 3 of them pay no tax.
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