Great replyI'm all for it i personally think part of it will be funded by the fact that the recipient will still be paying their usual tax, rather than not contributing for 6-12 months.
I'll give you an example ( of me) bubs due in august and ill be taking the 18 weeks and part pay at work for maternity leave ( so pretty much I'll be on half income for majority of the 13/14 financial year)
because of our investment property deductions I will NOT pay ANY tax next financial year, so the government will be missing out on about 20k worth of tax revenue from me alone. We would also be able to spend like we are currently spending ( rather than being tight) so it helps economy that way and they get gist revenue.
if I was able to get 26 weeks at full pay I wouldn't need to take mat leave at half pay therefore be able to pay full tax.
Want to know the funny thing, because of my "low" income we could be eligible for government assistance too