Mark Arbib (NSW, Australian Labor Party, Minister for Sport) Share this | Hansard source

Of course, we have introduced the Paid Parental Leave scheme and over 100,000 families have benefited. It is also working well for businesses, but there is a threat. The Liberal Party have tried to hide their own paid parental leave plan, because they know that by putting it into place they will tax businesses 1.5 per cent, which will be passed on to medium-sized businesses and small businesses, increasing their costs without any compensation whatsoever. The losers under the Liberal Party's scheme will be small businesses. Using the opposition's $5 million company income threshold that they want to introduce, 400 businesses with fewer than 20 employees will be forced to pay while massive businesses who can reduce down their profit will get off scot-free. That is the future of Liberal Party: taxation on our businesses. (Time expired)