How much was the total cost in New Zealand dollar terms, if any, of redundancy processes initiated, if any, in the Minister’s departments, agencies, crown entities and any other bodies that the Minister is responsible for, if any, since 27 November 2023?

Answer

The total cost of redundancy processes initiated by the former Ministry of Housing and Urban Development since 27 November 2023 is $2,964,750. Kāinga Ora - Homes and Communities advises me that it has incurred expenditure of $37,145,582 in relation to redundancy payments initiated since 27 November 2023. These costs have been incurred as Kāinga Ora reshapes its organisation and workforce to support its back-to-basics focus on providing and managing social housing in a more cost-effective and financially sustainable way.