Ordinary Member of Parliament (MP):
Current Salary: $168,600
Future Expected Pay Rises: To $181,200 by the end of the parliamentary term with increases of 2.9% in 2024, 2.4% in 2025, and 2% in 2026.
Prime Minister:
Current Salary: $484,200
Future Expected Pay Rises: To $520,500 by 2026 with increases of 2.9% in 2024, 2.4% in 2025, and 2% in 2026.
Deputy Prime Minister:
Current Salary: $349,500 (estimated based on the ratio from previous data)
Future Expected Pay Rises: To $369,800 by 2026, following the same pattern of increases as above.
Cabinet Minister:
Current Salary: $310,000 (estimated, based on the ratio from previous data)
Future Expected Pay Rises: To $327,000 by 2026, with the same percentage increases.
Ministers Outside Cabinet:
Current Salary: $267,000 (estimated)
Future Expected Pay Rises: To $276,000 by 2026, with the same percentage increases.
Leader of the Opposition:
Current Salary: $298,000
Future Expected Pay Rises: To $309,000 by 2026, but with a smaller increase compared to other roles due to adjustments in the role's perceived responsibilities under MMP.
Speaker of the House:
Current Salary: $231,000 (estimated based on a ratio to ordinary MP's salary)
Future Expected Pay Rises: To $242,700 by 2026, assuming similar percentage increases.
Deputy Speaker:
Current Salary: $192,000 (estimated, typically around 20% above an ordinary MP's salary)
Future Expected Pay Rises: To $202,320 by 2026, following the same pattern of increases.
Whips:
Current Salary: An ordinary MP's salary plus $17,000 for senior whips and $8,500 for junior whips (estimated).
Future Expected Pay Rises: To $188,200 for senior whips and $177,700 for junior whips by 2026, with adjustments based on ordinary MP salary rises.
Chairpersons of Select Committees:
Current Salary: An ordinary MP's salary plus $12,000 (estimated).
Future Expected Pay Rises: To $193,200 by 2026, including the additional allowance.
Other Notes:
These calculations are based on the current data and the expected pay rise schedule announced by the Remuneration Authority for the term ending in 2026.
The exact figures might slightly vary as they are subject to the final determinations by the Remuneration Authority, which considers various factors including economic conditions and comparative remuneration in other sectors.
Additional benefits like allowances, superannuation, and travel expenses are not included in these salary figures but are part of the total remuneration package.