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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?

Answered Question 39024 (2026)
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Asked by

Francisco Hernandez

List MP · Green Party

Question

  • 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?

Answered by

Cameron Brewer

Member for Upper Harbour · National Party · Minister of Commerce and Consumer Affairs

Answer

I am responsible for six Crown entities: Accreditation Council, Commerce Commission, External Reporting Board, Financial Markets Authority, Retirement Commission and Takeovers Panel. There has been a total cost of $2,570,186.65 in payments for redundancy processes at these entities since 27 November 2023.