25858 (2026). Francisco Hernandez to the Minister of Commerce and Consumer Affairs
Written Question
Published date: 18 Jun 2026
25858 (2026). Francisco Hernandez to the Minister of Commerce and Consumer Affairs: How much, if any, is the total budget in the Minister's departments, agencies, crown entities and any other bodies that the Minister is responsible for, if any, for the 2026/27 financial year on artificial intelligence- including costs on training staff, deploying systems, maintaining subscriptions and any other associated costs?
Cameron Brewer: I am advised that it is not always possible to isolate the specific costs attributable to artificial intelligence, as these capabilities are often embedded within broader digital systems, platforms, software subscriptions, training materials and staff time. The below budgets are estimates based on the best available information.
Accreditation Council: $28,600
Commerce Commission: $55,000
External Reporting Board: $20,000
Financial Markets Authority: $265,000
Retirement Commission: $50,000
Takeovers Panel: Nil