UNCLASSIFIED
07 July 2025
ref: OIA2425_139
James
By email
: [FYI request #30002 email]
Dear James
OIA2425_139 – Information about RBNZ’s Costs
Thank you for your request for the fol owing information under the Of icial Information Act 1982
(OIA):
-
[…] RBNZ's stationary costs for the period of January 1st 2024 to December
2024.
-
Please provide the current number of Ful -time employees as of February 10th
2025.
-
Please provide how many FTE's paid for extra leave in the 2023, 2024.
-
Given the current government's focus on staf returning to the office, please
detail how many staff, if any applied to work from home in 2023 and 2024.
-
Please detail how many staff requests to work from home were denied in
2023 and 2024.
-
Please detail how many if any staff currently work from more than 1 day per
week.
-
Please provide the total cost of subscriptions/information services in 2023 and
2024 (for the 12 months to April 2023 it was $640,499)
-
Please provide the total cost of home equipment subsidies in 2023 and 2024.
-
Please provide the total of wel ness reimbursements in 2023 and 2024.
-
Please provide the total spent on Ubers and taxis in 2023 and 2024.
-
Please provide the total spent on flights in 2023 and 2024.
-
Please provide the total amount spent on accommodation in 2023 and 2024.
-
Please provide the total spent morning teas in 2023 and 2024.
We apologise for the delay in responding to you, and thank you for your ongoing patience.
Response
We can advise that the stationary costs for RBNZ from 1 January 2024 to December 2024 is
$66,852.37.
As of 10 February 2025, RBNZ had 650 active ful -time employees. For clarity, “ful -time” refers to
any employee working 30 hours or more, and “active” refers to al employee, permanent and
fixed-term, but not including those on leave of absence.
Ref #22696461 v1.1
UNCLASSIFIED
link to page 2
2
RBNZ staf have the option to purchase up to 3 weeks of leave per annum, which is in addition to
their leave entitlements. We can advise that the number of employees who purchased extra leave
was 99 as at 31 December 2023, and 108 as at 31 December 2024.
RBNZ supports flexible working, and this is reflected in our hybrid way of working (i.e. a mix of
working from home, and in the of ice). Informal working arrangements are not record due to their
frequently changing nature. However, RBNZ does have staf who work remotely ful y, and they
would have to formal y apply to do this. We can advise that one RBNZ staf applied to work
remotely ful y in 2023. In 2024, five RBNZ staf applied to work remotely fully. No applications to
work remotely ful y were denied in 2023 and 2024.
Most RBNZ staf work at least one day from home each week. On average, 70 percent of our
workforce worked from home more than one day per week. For clarity, “workforce” includes al
workers, contractors, and board members. Please note that the attendance percentage has
inherent limitations due to the fol owing factors not being accounted for, which may prompt
remote work and reduce in-of ice days:
• employees' annual and wel ness leave days;
• board members, and remote workers;
• workers with variable schedules working fewer than five days a week; and
• unforeseen events (such as natural disasters, and public transport disruptions).
With regards to the remaining parts of your request, please find the below figures for the 2023/24
Financial Year:
Request
Response
Cost of subscription/information services
$ 681,452
Cost of home equipment subsidies
$ 58,775.55
Wellness reimbursements
1
$ 535,095.15
Spend on Ubers and taxis
$ 99,612.06
Spend on flights
$ 1,219,789.67
Spend on accommodation
$ 581,491.04
1 Each permanent employee, and fixed-term employees over 12 months are eligible to claim up to $500 per annum for
healthcare, fitness, and general wellbeing. RBNZ will gross up wellness claims for PAYE deductions to deliver the net
amount of $500 claimed per FTE. This figure also includes small expenses for RAT tests, flu vaccinations, health checks,
and Employee Assistance Programmes delivered through Vitae.
2
UNCLASSIFIED
link to page 3
3
Request
Response
Spend on morning teas
2
$ 18,252.81
We hope you found this helpful. We encourage you to raise any concerns you have with this
response with RBNZ directly. Alternatively, you have the right to seek an investigation and review
of this response the Of ice of the Ombudsman. Further information about how to make a
complaint is publicly available, at
www.ombudsman.parliament.nz or freephone 0800 802 602.
Yours sincerely
Government Relations
Reserve Bank of New Zealand – Te Pūtea Matua
2 This figure includes a bankwide end-of-year celebration held in August 2023, which did not take place in the previous
year.
3
UNCLASSIFIED
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