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What is the total additional annual cost, if any, of all board fee increases approved by the Minister since 27 November 2023 across any agency, department, Crown entity, company, or other organisation for which the Minister is responsible, broken down by organisation and year, as at 8 June 2026?

Answered Question 27776 (2026)
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Asked by

Camilla Belich

List MP · Labour Party

Question

  • What is the total additional annual cost, if any, of all board fee increases approved by the Minister since 27 November 2023 across any agency, department, Crown entity, company, or other organisation for which the Minister is responsible, broken down by organisation and year, as at 8 June 2026?

Answered by

Hon Todd McClay

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

Answer

In line with the review of the Cabinet Fees Framework in 2025, I am advised the New Zealand Trade and Enterprise board’s fees were increased on 3 December 2025 and applied retrospectively to 1 July 2025. The total additional annual cost of this increase is $132,228. For Invest NZ, I am advised none.