Super for paid parental leave and Medicare at forefront
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The Government will set aside $1.1 billion in super contributions for paid parental leave in the upcoming Budget, then $600 million a year after that when the scheme is up and running.
“When mums or dads enter the government-paid parental leave system, they shouldn’t miss out on a retirement pension,” Chalmers said.
From 1 July 2025, eligible parents will receive an extra 12 per cent of pension benefits on top of their government-funded parental leave.
“We understand that when people make difficult choices about having children, we need to support them,” he said.
The treasurer also committed $3 billion to strengthen Medicare and an $8.5 billion investment in health care overall.
Health Minister Mark Butler will today announce a further $227 million in funding for 29 additional urgent care clinics, bringing a total of 87 clinics to open across the country.
The clinics will offer care to guests and will operate seven days a week during extended hours, with services billed in bulk to Medicare.
“We recognize that health care and group bills are a big part of the cost of living challenge,” Chalmers said.
“And so we want to make life a little easier for people. That’s why we’re making this investment.”
The Treasurer will announce the full list of federal government measures when he presents the Budget on Tuesday.
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