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How many board fee increases, if any, approved by the Minister since 27 November 2023 for any agency, department, Crown entity, company, or other organisation for which the Minister is responsible were backdated or applied retrospectively, broken down by organisation, the effective date, and the total backdated amount paid, as at 8 June 2026?

Answered Question 27774 (2026)
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Asked by

Camilla Belich

List MP · Labour Party

Question

  • How many board fee increases, if any, approved by the Minister since 27 November 2023 for any agency, department, Crown entity, company, or other organisation for which the Minister is responsible were backdated or applied retrospectively, broken down by organisation, the effective date, and the total backdated amount paid, as at 8 June 2026?

Answered by

Hon Todd McClay

Member for Rotorua · National Party · Minister for Trade and Investment

Answer

I am advised for NZTE, one board fee review was applied retrospectively and effective from 1 July 2025. The total amount of backdated fees was $56,568. For Invest NZ, I am advised none.