Apr 16, 2015
Childcare providers to miss out on funds boost
PRIME Minister Tony Abbott has revealed the budget savings won by abandoning his signature paid parental leave scheme will fund a small business tax cut, leaving childcare providers scratching their heads.
In February this year, when Mr Abbott’s leadership was under pressure, he said scrapping his gold-plated PPL scheme would enable more money to be spent on tackling Australia’s childcare crisis.
“We’ll be picking up on some of the work of the Productivity Commission, and yes, money that might, under different circumstances, have been invested in a bigger, better paid parental leave scheme will be invested in childcare, because all too many families at the moment find themselves in the position where one parent is working just to pay the childcare,” the Prime Minister said at the time.