28226 (2024). Hon Barbara Edmonds to the Minister for Tertiary Education and Skills

Written Question
Published date: 14 Jun 2024
28226 (2024). Hon Barbara Edmonds to the Minister for Tertiary Education and Skills: When does the Minister expect their responsible agencies, if any, to implement the Initial Baseline Exercise?
Hon Penny Simmonds: The Budget 2024 Baseline Savings Exercise was the process by which Ministers submitted potential savings and new revenue proposals for Cabinet consideration at Budget 2024. Savings proposals that were accepted were included in Budget 24 and will be implemented from July 2024. The precise date of implementation varies by proposal. Further details of savings initiatives in Budget 24 can be found here: https://budget.govt.nz/budget/pdfs/summary-initiatives/b24-sum-initiatives.pdf and https://www.education.govt.nz/our-work/ministry-news/budget-24/. Tertiary Education Commission (TEC) - TEC’s contribution towards the Government’s fiscal targets through Budget 2024 are realisable and effective from 1/7/2024. Education New Zealand will implement the initial baseline savings by 1 July 2024.