41080 (2024). Hon Dr Ayesha Verrall to the Minister of Finance

41080 (2024). Hon Dr Ayesha Verrall to the Minister of Finance: What briefings or advice, if any, has the Minister received on the fiscal implications of redundancies in each of the Minister’s departments, ministries and agencies, if any, (where applicable within their portfolio), listed by title and date, between 27 November 2023 and 10 July 2024?

Hon Nicola Willis: The Treasury has not undertaken any redundancies between 27 November 2023 and 10 July 2024. RBNZ has not been asked to identify savings resulting from the Government’s directive to reduce expenditure in the public service due to its unique funding arrangements. RBNZ funding levels are determined through a five-year funding agreement. The approach to the next agreement is the subject of discussion between RBNZ and the Minister of Finance with no final decisions having been made.