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Labor proposes $2.2b baby-care payment scheme.
(From Canberra Times)
Australian mothers would eventually get the equivalent of 14 weeks' pay for every new child under Labor's $2.2billion Baby Care Payment proposal announced yesterday.
Opposition Leader Mark Latham said the proposal, approved by a special Caucus meeting in the morning, would see the Government's baby- bonus scheme scrapped.
Labor's means-tested system would give mothers up to $3000 tax free a year - or $429 a fortnight over 14 weeks - from July 2005, rising to $5380 in 2010, from when it would be indexed to the federal minimum wage after tax.
Mr Latham said the baby- care payment was designed to take the pressure off families and give them greater choice and flexibility in balancing the different commitments and pressures of work and family.
It is for all mothers, whether they work or not. The money can be taken across 14 weeks, or spread out over up to a year. It can only be received fortnightly and cannot be taken as a lump sum.
Mr Latham said 90 per cent of families would get the payment, which would be available through Centrelink or family assistance offices.
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