$70 million costings gap in Coalition budget

[mellie]

I don't know how you put up with it Mel... mantra is of course going to vote Labor she says she will put boh major parties last and we know which one will be last and which will be 2nd last don't we

Yes it is fully costed and is not coming out of the government coffers and yes the companies levied will be compensated with a cut in company tax.

Let the lies and propaganda be spread far and wide by the rusted-ons, the haters and the know-nothings.

Her political stance aside, Mantra is a good person Roach.

OK.



Try attacking the content, not the person next time eh?

[Rorschach]

Nope... she may have been a good person but that person doesn't exist anymore.
I think a quick look back at what I wrote and you'll see it was actually about the content and not about mantra personally at all.

[Aussie]

I don't know how you put up with it Mel... mantra is of course going to vote Labor she says she will put boh major parties last and we know which one will be last and which will be 2nd last don't we

Yes it is fully costed and is not coming out of the government coffers and yes the companies levied will be compensated with a cut in company tax.

Let the lies and propaganda be spread far and wide by the rusted-ons, the haters and the know-nothings.

It is not fully costed. Abbott himself stated that he hoped the States would chip in. Hockey fumbled around saying that it was 60-70% funded with the levy. He'll come apart tonight on Q&A.

Mellie, name one economist who is on record endorsing this LNP policy.

[mellie]

Nope... she may have been a good person but that person doesn't exist anymore.
I think a quick look back at what I wrote and you'll see it was actually about the content and not about mantra personally at all.

.. Garbage.

She's an intelligent articulate and decent person Roach, you could learn a thing or two from Mantra, even if the party she votes for isn’t your bag.


Anyway.... getting back to the 'alleged' $70 million costing gap....

How is it that Labor have arrived at this conclusion when by their own admission, the Coalition are yet to hand them their policies to be costed?

ESP?

[Rorschach]

Nope... she may have been a good person but that person doesn't exist anymore.
I think a quick look back at what I wrote and you'll see it was actually about the content and not about mantra personally at all.

.. Garbage.

She's an intelligent articulate and decent person Roach, you could learn a thing or two from Mantra, even if the party she votes for isn’t your bag.


Anyway.... getting back to the 'alleged' $70 million costing gap....

How is it that Labor have arrived at this conclusion when by their own admission, the Coalition are yet to hand them their policies to be costed?

ESP?

Nope accurate and on target mellie.
I'm not rusted on mell I don't have a favourite party.
I note I'm not the one bringing mantra up all the time either.
As for the rest you are joking.
You don't have to ask, it's been covered by several people and correctly shunted to the ALP lies and propaganda box.

[mellie]

I don't know how you put up with it Mel... mantra is of course going to vote Labor she says she will put boh major parties last and we know which one will be last and which will be 2nd last don't we

Yes it is fully costed and is not coming out of the government coffers and yes the companies levied will be compensated with a cut in company tax.

Let the lies and propaganda be spread far and wide by the rusted-ons, the haters and the know-nothings.

It is not fully costed. Abbott himself stated that he hoped the States would chip in. Hockey fumbled around saying that it was 60-70% funded with the levy. He'll come apart tonight on Q&A.

Mellie, name one economist who is on record endorsing this LNP policy.

Whats truly ironic is how feminists are opposing this policy, it's fair and equitable, and noone loses under this scheme.

I think with respects to the feminists and left who are opposing it, it's more about who's proposed the scheme than what it entails.

An exclusive Galaxy poll published today in The Sunday Telegraph suggests the policy is a winner, with 44 per cent of voters backing Mr Abbott's paid parental leave scheme compared to 36 per cent who preferred Labor's existing scheme.

The scheme, which has been fully costed by the independent Parliamentary Budget Office.

In a nut shell, if big business don’t fancy a coalition parental leave scheme, the alternative is being slogged with Labors 30% company tax, a most controversial mining profits tax and a price on carbon emissions.



I would go with the Coalitions paid parental leave scheme if I were them.


Aussie, it's not about what Labors unscrupulous economists think, it's what Australian voters want.

Ps- Rudds just slipped in the polls again. Looks like they might have to bring back Gillard after all.

[Rorschach]

Now where were we?

Coalition paid parental leave policy to start mid-2015, 'fully funded', Abbott says
By chief political correspondent Emma Griffiths

Opposition Leader Tony Abbott has formally announced his "signature" paid parental leave policy, saying he has a "convert's zeal" for the scheme.

Mr Abbott says he hopes the policy will lead to more people having babies.

"This is a pro-child, pro-family, pro-growth policy," he said.

Mr Abbott says the 26-week replacement wage scheme is "fully costed and fully funded" at around $5.5 billion a year from July 1, 2015.

"The Parliamentary Budget Office has gone through this with a fine tooth comb," he said.

"It's looked at every combination and permutation, it's looked at all of the modelling. This has been months with the Parliamentary Budget Office (PBO).

"Big business pays for this and and every working mother is better off under our scheme - if you are on the minimum award wage, you are $5,000 better off under our scheme."

Women earning up to $150,000 a year will be paid their full wage for the period of leave, including superannuation.
Coalition's parental leave scheme

* Mothers will be provided with 26 weeks of paid parental leave at their actual wage or the national minimum wage (whichever is greater), plus superannuation
* Fathers will be eligible for two weeks for paternity leave at their actual wage or the national minimum wage (whichever is greater), plus superannuation
* If the father is nominated as the primary carer rather than the mother, he will be able to access paid leave to reflect either his or the mother's wage (whichever is lower) or the minimum wage (if it is higher than that wage)
* To be eligible, a person must have worked for at least 10 of the 13 months prior to the birth or adoption of their child and have worked at least 330 hours in that 10-month period, with no more than an eight-week gap between two working days
* For a woman earning $150,000 per annum or more, paid leave is capped at $75,000

Mr Abbott says the scheme will be funded by a 1.5 per cent levy on the 3,000 largest businesses in Australia - which is offset by a 1.5 per cent company tax cut - and budget savings, including $2 billion from abolishing the Government's existing leave provisions.

The Opposition has not released its full costings advice from the PBO but says a reduction in some family payments and an increase in income tax will help pay for the plan.

However, Finance Minister Penny Wong has questioned the figures, warning it will mean budget cuts that will be "very bad for Australian families".

"The paid parental leave scheme that's been announced by Tony Abbott is a plan that has to mean a plan for new cuts," she told Channel 9.

"It's a very expensive scheme."

Families Minister Jenny Macklin says a levy on big businesses would be passed on to household budgets.

"Australian families will be paying increased prices at the checkout so that very wealthy people get $75,000 to have a baby," she said.

Mr Abbott has told Channel 10 he doubts large companies including Coles and Woolworths will need to pass any cost on to consumers.

"Sure there'll be the levy but their overall tax burden won't increase," Mr Abbott said.

"And in the case of Coles and Woolies, they'll no longer need to pay their own in house [paid parental leave] schemes because it'll be administered by the government."

"So they'll be better off under this scheme."

[Rorschach]

Oh dear...

The Coalition says it will stop ''double dipping'' by allowing state public servants to choose between either their existing state-funded leave schemes or the new federal entitlement.

Seems fair to me that States chip in if their schemes are superceded

[Aussie]

Hockey tells The Australian it is wrong. Can't wait for that to be sorted out!

[mantra]

Whats truly ironic is how feminists are opposing this policy, it's fair and equitable, and noone loses under this scheme.

I think with respects to the feminists and left who are opposing it, it's more about who's proposed the scheme than what it entails.

An exclusive Galaxy poll published today in The Sunday Telegraph suggests the policy is a winner, with 44 per cent of voters backing Mr Abbott's paid parental leave scheme compared to 36 per cent who preferred Labor's existing scheme.

The scheme, which has been fully costed by the independent Parliamentary Budget Office.

In a nut shell, if big business don’t fancy a coalition parental leave scheme, the alternative is being slogged with Labors 30% company tax, a most controversial mining profits tax and a price on carbon emissions.

Are you sure it's Abbott's scheme they're embracing and not just the fact that Rudd has let them down again? A lot of people are protesting - including Lib premiers and those business who will have to pay for it. $5.5 billion is a huge part of the budget and it's not going towards anything that will actually make Australia a better place to live. You would think the way Abbott is promoting it as his signature policy that it would change the face of Australia. It's pork barreling at it's worst. Many women will miss out on it altogether - especially those at the lower end on casual wages. They will be worse off. Corporations still sack women if they're pregnant - although under many different guises. They won't get anything if they've lost their job in the early stages of pregnancy.

Abbott is initiating this scheme to benefit one small part of society only.

It's another Coalition divisive class driven policy. Under the current government's policy everyone gets a little bit.