Finance Minister Bill English released the full details of the Government's 2014 budget today he says the Budget provides extra support for families in need.
$172 million will go towards extending paid parental leave:
This will introduce an additional four weeks to paid parental leave, starting with a two-week extension from 1 April 2015, and another two weeks from 1 April 2016.
The initiative will extend the eligibility of paid parental leave to caregivers other than parents such as “Home for Life” caregivers.
It also plans to extend parental leave payments to people in less-regular jobs or who recently changed jobs.
$42 million will be put towards increasing the parental tax credit from $150 a week to $220 a week and increase the payment period from eight to 10 weeks from 1 April 2015.