28694 (2025). Hon Barbara Edmonds to the Minister of Finance

Written Question
Published date: 26 Jun 2025
28694 (2025). Hon Barbara Edmonds to the Minister of Finance: How much of the $12.8 billion in savings from the Budget 2025 initiative “Pay Equity – Changes to Fiscal Management” are from changes from the Equal Pay Amendment Act 2025?
Hon Nicola Willis: Partial funding was returned from the Public Sector Pay Equity contingency to reflect Treasury's estimates of expected lower settlements costs under the amended settings in the Equal Pay Act 1972. $3,193.323 million over the forecast period was returned from the Public Sector Pay Equity Contingency as part of the 2025 Budget initiative.