Australian (ASX) Stock Market Forum

Paid Parental Leave (PPL)

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Re: Paid parental leave

Julia said:
None of it will ultimately be any impost on any of them in that they will simply pass any costs on.
Banks will up their fees, telecommunications companies will up their user charges etc etc.
As always, the consumer will pay.
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A significant portion of the cost will be passed to shareholders due to the levy not carrying imputation credits. This though will be mitigated to some extent by the increased profit and hence dividend paying capacity any savings from the big corporates scrapping their internal schemes.
 
Re: Paid parental leave

drsmith said:
A significant portion of the cost will be passed to shareholders due to the levy not carrying imputation credits. This though will be mitigated to some extent by the increased profit and hence dividend paying capacity any savings from the big corporates scrapping their internal schemes.
Click to expand...

Are you saying then its good policy?
 
Re: Paid parental leave

I see it's been a while that this thread has been active, but is seems rather topical again...

IMO the Paid Parental Leave scheme is a kick in the guts for the income-earners who support their "stay- at- home mums" family group.

Surely this group deserves more recognition ?
In many circumstances they have made a deliberate decision to avoid returning to the workforce and placing their children in childcare because of their convictions of the benefits of the mother being at home 24/7, and are prepared to forego the financial benefits of a second wage because of their convictions.

If this PPL scheme goes ahead, these income earners will be unfairly burdened in their taxes to support women who choose to place their children in childcare and return to the workforce.

Wouldn't it make better sense to allow these families to split their income?

If that was made possible, wouldn't more women stay home with their families?
Has any government ever asked them?

If more women were able to stay at home, wouldn't that pave the way for more jobs being available for the many youth that are on the dole lists? Do we want to tolerate a scenario where mum goes to work while her teenage kids are home on the dole?

It seems to me that the discussions regarding the merits of returning women to the workforce are too much of a one way street.

good coverage from the Australian a few weeks ago....

http://www.theaustralian.com.au/opi...-productive-too/story-fn562txd-1226834136139#

''...The logic of getting more mothers into the work force by outsourcing the care of their children is never questioned.
Unemployed mothers are simply presumed to be a great untapped labour force that should become productive by being employed at the service of the economy....''

''....Few people see the mother who does her own childcare at home as an intrinsic part of society and the economy. This ignores a fundamental fact about the family. Childcare in the family is holisticwith the mother as the linchpin....''

''...Some of them receive Family Tax Benefit Part A and Part B. But all benefits that stay-at-home mothers receive are heavily means tested and they do not receive tax concessions. The opposite is true of women who are employed and put their children in care. They can receive Family Tax Benefit Part A and the non-means-tested childcare tax rebate of up to $7500 a child. In fact a couple could be earning anything - millions - and still receive the childcare tax rebate because it is not means tested....''

''....if one adds up all the subsidies paid for childcare - including the childcare benefit paid to low-income families, the childcare tax rebate, childcare services support, the jobs, education and training childcare fee assistance - they average at least $6041 compared with on average $3112 for Family Tax Benefit Part B, the only benefit directed solely at parental care....''

''.....Effectively large families, where the mother is not employed, subsidise smaller, richer families where both parents work....''

the entire article is imo a must read for those interested in this discussion.
 
<rant>
Paid Parental Leave (PPL) really sticks in my craw.

Disclaimer. My parents were immigrants and arrived in Oz mid 1950's and no, not ten pound poms. They literally arrived with a suitcase and a dream for a better life than the one they left behind in post war Italy.

Now PPL. My parents had no such luxury, me and the wife (dearly departed) certainly didn't receive it and yet, the parents and I managed to raise our families, paid the mortgage off and own our PPR.

Of course we don't live in the big smoke where home prices are stupid silly. So is PPL primarily to benefit those that live in the high home cost coastal fringes so as to be able to service the mortgage?

If so, and within the context of the latest budget, why in the hell can't the law makers legislate a moratorium for parents on their mortgage payments? Please don't tell me the banks will go broke if this was to occur.

From experience, raising the kids is a costly exercise and many times I've gone without so they could have. I reckon it's about time that the narcissist in us learn to look outside of our own little bubble and look to other ways of doing our share of the lifting.

Further, shouldn't the govt. look at allowing parents to make bigger gifts without penalties to their offspring? 10k over five years I believe is the limit and that's not changed for sometime AFAIK and I've not heard much about this in any budget plans.

Must be a better way but I'm no economist.

<rant />
 
I think PPL payments should be the same regardless of salary; ie at the minimum wage. Family tax benefits should also be phased out , for children born after some date in the future. If you can't afford to have kids then don't, they are your responsibility, not mine.
 
SirRumpole said:
I think PPL payments should be the same regardless of salary; ie at the minimum wage. Family tax benefits should also be phased out , for children born after some date in the future. If you can't afford to have kids then don't, they are your responsibility, not mine.
Click to expand...

Geez Rumpy, you and I are on the same wave link again......As you already know I have been opposed to this PPL for some time and I have made no secret about it.

Oh Yes....I can recall the days of hardship and in those days you accepted it.......We sacrificed a lot for our kids whereby one did without the luxuries that are taken for granted today.

I cut my 32 perch block of land with a second scythe because I could not afford a 3 pound push mower.....carted hot water up to the bath from the Laundry copper because I could not afford a hot water system.....we slept on the floor for 9 months until I made a bed....I could go on and on but the moderator will most likely tell me my post is too long.

Yes I agree, why should the rest of the community pay for others to have kids and I have strongly expressed my opinion to our local Federal MP.....I am also against the PPL for parliamentarians and public servants....I do not know when or which government introduced it but it is another burden on the tax payer.....maybe an ASF member might know and be able to tell me.


You can count me in on any protest you would like to arrange.
 
Hmmm...did a search for Paid Parental Leave (PPL) and variants but no results. Started new thread and my previous post end up here. No prob. all good, thanks Mods/Admins.

Good to see that I'm not the only one that thinks that it's the responsibility and monetary burden of the parent/s to raise their children.

AFAIK, we humans don't have natural selection but geez sometimes I wish we did. Too harsh? In some cases not by far IMHO but I digress. Recognition for raising children and the financial hardship impact certainly needs to be addressed. How is a question that I cannot answer but the PPL, which in my view discriminates against those that can work but can't find jobs, is not the way to tackle it.

Children are our future so it shouldn't be the burden of any one sector to fund such a scheme. Any proposed payment must be meet by all Australia. Perhaps in a sliding scale like our tax system or perhaps a means tested payment.

Dunno, I still reckon if you can't afford 'em, don't have 'em. We stopped at two because of this very fact even though we wanted up to five of the little tackers. Ha, no Baby Bonus around back then either!
 
PPL was never good policy, it was only ever a vehicle for radical lesbians to undermine the traditional family structure, and get IVF onto Medicare.

It's just that Labor's scheme was less unfair than the Coalition's proposed one.

Together with the doctor tax, the PPL will bring the Abbott government undone. It's social engineering by any other name. People see how unfair it is.
 
Logique said:
PPL was never good policy, it was only ever a vehicle for radical lesbians to undermine the traditional family structure, and get IVF onto Medicare.
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That's an interesting viewpoint, I never thought of it that way
:)

Can you explain a bit further ?
 
I do not want to pay for birthing and raising of other peoples children. Take these ideas of the workers supporting everyone else and shove 'em.
 
Wysiwyg said:
I do not want to pay for birthing and raising of other peoples children. Take these ideas of the workers supporting everyone else and shove 'em.
Click to expand...

Yes, and you can apply the same reasoning to Family Tax Benefits. It's costing us billions.
 
SirRumpole said:
Yes, and you can apply the same reasoning to Family Tax Benefits. It's costing us billions.
Click to expand...

Not to mention of course how it is costing us billions to maintain the social welfare for the 50,000 illegals allowed in by Rudd and Gillard.....Well, 90% of that 50,000....Muslims men with 3 wives and 17 kids.....The same men who never work a day in their lives while in Australia.
 
noco said:
Not to mention of course how it is costing us billions to maintain the social welfare for the 50,000 illegals allowed in by Rudd and Gillard.....Well, 90% of that 50,000....Muslims men with 3 wives and 17 kids.....The same men who never work a day in their lives while in Australia.
Click to expand...

Flaming...

:topic
 
noco said:
...The same men who never work a day in their lives while in Australia.
Click to expand...

Same could be said of the Irish migrant men I witnessed as a boy who refused to go to war for the empire and later sat on their Australian taxpayer built front verandahs, in state housing commission homes, drinking whisky, betting on the nags and slapping down their working wives, all the time their kids coming to school without food and dressed in rags.

I don't have a lot of time for any genital based ethnocentrics that seem to share the need for gender clubs (e.g. Tatts, Melbourne Club, Mosques, etc) and gender servitude ... the members should be banned from Oz, with Penny Wong and Tanya at the front of queue.
 

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