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Abbott's PPL scheme to hit Australia's charities

Federal treasurer Chris Bowen maintained his attack on the Coalition's proposed 1.5% levy on business that is intended to cover the paid parental leave (PPL) scheme, calling it "a retrograde step of quite enormous proportions."

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Read more: Chris BowenAustraliaCoalitionPBOMr AbbottPPLRegulatoryAustralia ; somethingFinancial Services CouncilFSCParliamentary Budget OfficePrime Minister Paul KeatingSydney