Review of Members of Parliament salaries and allowances 2023/24

After the review, the Authority must issue a determination that: 

• is deemed to come into force on the date of the day after polling day for the 2023 General Election (15 October 2023);
• expires on polling day for the next general election; and
• specifies separately the salaries and allowances payable for each of the following periods:
  • the period beginning on 15 October 2023 and ending on the 30 June 2024;
  • the period beginning on 1 July 2024 and ending on the 30 June 2025;
  • the period beginning on 1 July 2025 and ending on the 30 June 2026; and
  • the period beginning on 1 July 2026 and ending on polling day for the next general election.

MPs current salaries and allowances

Information on the current 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)

Terms of reference for the 2023/24 review

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]

Forecasting MPs salaries

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]