How Much Does The New Zealand Prime Minister Earn Ministers can earn between 250 000 and 300 000 The Prime Minister s salary is set at 470 000 Members of parliament also get a yearly allowance to cover out of pocket expenses associated with their work such as entertainment meals and memberships Source New Zealand Parliamentary Counsel Office 2017 Local government representative earnings
The Authority sets an annual salary for Members of Parliament MPs and for the Prime Minister Ministers Speaker Leader of the Opposition Chairs of Committees and certain other roles Information on MPs current remuneration is in the following determination which was notified in the New Zealand Gazette on 7 June 2024 The Prime Minister Christopher Luxon s salary will rise in tranches by 50 000 from his previous 471 000 to 520 000 10 5 per cent in mid 2026 while Opposition leader Chris Hipkins gets a much
How Much Does The New Zealand Prime Minister Earn
How Much Does The New Zealand Prime Minister Earn
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Prime Minister 471 049 Deputy Prime Minister 334 734 Each member of the Executive Council who is a Minister of the Crown holding 1 or more portfolios and who is a member of Cabinet 296 007 Each member of the Executive Council who is a Minister of the Crown holding 1 or more portfolios but who is not a member of Cabinet 249 839 Allowances for accommodation costs while travelling in New Zealand travel costs for MPs families when joining them on parliamentary business and Wellington accommodation costs for MPs who normally live elsewhere also fall under the Remuneration Authority The Prime Minister s salary is 471 049 while the Deputy Prime Minister
On 15 April the Prime Minister announced that she Ministers and public service chief executives would take a 20 per cent pay cut over the next six months as a sign of solidarity with New Zealanders facing hardship due to COVID 19 For this to happen the law would need to be changed Prime Minister 484 200 Deputy Prime Minister 344 100 2 Jingcheng Zhou Forecasting New Zealand Members of Parliament Salaries An Analysis of Predictive Models and Economic Forecasts Reliability Masters Research Project University of Canterbury 2024 A copy of the report is available on the Authority s website
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Remuneration of others elsewhere within New Zealand 20 Baseline decision 21 Salary reset capability 22 Market research 23 Comparable roles 23 Test 1 2 times average wage 24 Test 2 2 05 times average wage 25 Test 3 2 1 times average wage 26 Conclusion on relativity 26 MPs with additional responsibilities 27 Prime Minister 28 Prime Minister Jacinda Ardern is paid 471 049 a year and the deputy prime minister gets 334 734 while the leader of the opposition is on 296 007 including the Reserve Bank of New Zealand and the Treasury suggests that New Zealand s economic outlook remains highly uncertain due to Covid 19 and its impact on global economic conditions
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