Advocating a much more severe cut to the Coalition's paid parental leave scheme than Prime Minister Tony Abbott announced on Tuesday, the National Audit Commission has recommended the government cap payments at average weekly earnings and plough the resulting savings into child care assistance.
Prime Minister Tony Abbott has conceded that savings "won't be vast" from cutting the maximum payment under its paid parental leave scheme to $50,000, while the Greens are pushing for the new regime to be fully-funded by the Coalition's proposed levy on business.
