CERTIFICATION UNDER STANDING ORDER 327 RELATING TO A BILL Under Standing Order 327, the Government does not concur in the Parental Leave and Employment Protection (6 Months' Paid Leave) Amendment Bill in the name of Sue Moroney. Impact on fiscal aggregate(s) concerned and reason for the Government not concurring: The proposed Bill extends the duration of paid parental leave to a maximum of 22 weeks on 1 April 2017, and a maximum of 26 weeks on 1 April 2018. The proposed Bill would impact on the Crown?s fiscal aggregates by increasing the Crown?s total operating expenses by approximately $14 million in 2016/17, $72 million in 2017/18, $116 million in 2018/19 and $119 million in 2019/20. This amounts to $321 million over the forecast period. These figures are gross before tax, and therefore it is correct to note that the government will receive tax revenue back on a portion of this expenditure of approximately $43 million. This results in an overall net increase to the Crown?s total operating expenses of approximately $278 million over the forecast period. In the Government?s view, these effects have more than a minor impact on the Crown?s fiscal aggregates and for this reason the Government does not concur in the Bill specified above. Minister of Finance Date: 16 JUN 2016 Treasury:3528051v1