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Finance Minister Bill English has today vetoed proposed changes to paid parental leave.

Mr English has exercised his powers of Financial Veto ahead of the third reading of the Parental Leave and Employment Protection (Six Months’ Paid Leave and Work Contact Hours) Amendment Bill.

“Treasury estimates the cost of this legislation amounts to $278 million over the next four years, a significant extra - unbudgeted - cost.

  • Bill English
  • Michael Woodhouse
  • Finance
  • Workplace Relations and Safety