investors take $1.7bn hit to fund parent leave

Voting for Tony might be more painful than u think!

"Investors take $1.7bn hit to fund parental leave.

Investors in the top 3200 companies will take a hit from the Coalition’s 1.5 per cent levy on major companies to pay for its parental leave scheme because they will not receive tax credits on the levy."

http://www.afr.com/p/national/investors_take_bn_hit_to_fund_parental_XoMZAMFL61xrct7jP9qzhL