The Remuneration Authority (the Authority) completed its review of Members of Parliament (MPs) salaries and allowances, as required under section 19(6) of the Remuneration Authority Act 1977, on 4 June 2024.
The Authority resolved to begin the review of MPs salaries and allowances on Friday 17 November 2023 and the terms of reference for this review were approved by the Authority on 12 February 2024.
Terms of reference for the 2023/24 review of MPs salaries and allowances [PDF, 246 KB]
The Authority completed a comprehensive green-fields review of MPs salaries and allowances on 30 April 2024.
Review of MPs salaries and allowances 2023/24 report [PDF, 2.1 MB]
Following the review, the Authority issued a determination that:
Information on MPs salaries and allowances prior to the review remuneration is in the following determination, which was notified in the New Zealand Gazette on 18 December 2020.
MPs current salaries and allowances – NZ Legislation(external link)
Information on MPs salaries and allowances following the review is in the following determination, which was notified in the New Zealand Gazette on 7 June 2024.
The Authority was made aware the University of Canterbury has a Master of Data Science programme and could sponsor an experienced student with suitable qualifications to undertake research for the Authority. The research undertaken by this student was to inform the Authority of the appropriate confidence levels applicable to forecasted movements of consumer inflation, wage inflation, and other economic indicators. This student's final report for the Authority substantially agreed with the forecasters’ own advice to treat their figures with caution, especially the longer-range forecasts.
Forecasting MPs salaries – Models and reliability report [PDF, 1.1 MB]