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Labour's paid parental leave bill vetoed

NZ NewswireNZ Newswire 16/06/2016

Pregnant women © SPL Pregnant women Finance Minister Bill English has vetoed Labour's paid parental leave bill.

Sue Moroney's bill, which increases paid parental leave to 26 weeks, had just one stage to go to become law, but Mr English on Thursday used his financial veto power to stop it in its tracks.

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

Under parliament's standing orders, the government can exercise a financial veto if it decides a bill will have more than a minor fiscal impact if it were to become a law.

Bill English © Getty Images Bill English
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