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What redundancy or restructuring costs, if any, have been incurred by any department or entity for which the Minister is responsible since 27 November 2023, listed by department or entity, the number of positions disestablished, and the total cost of redundancy payments?

Answered Question 9805 (2026)
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Asked by

Camilla Belich

List MP · Labour Party

Question

  • What redundancy or restructuring costs, if any, have been incurred by any department or entity for which the Minister is responsible since 27 November 2023, listed by department or entity, the number of positions disestablished, and the total cost of redundancy payments?

Answered by

Hon Todd McClay

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

Answer

I am advised New Zealand Trade and Enterprise has paid NZD$4,503,637 in redundancy costs and disestablished 118 positions. I am also advised to identify restructuring costs would require substantial collation and research and cannot be provided in the required timeframe, in accordance with Speaker's Ruling 210/6. For Invest NZ, I am advised none.