Knowledge & Networks

Delivering better outcomes for tangata whenua

If New Zealand is to achieve the financial prosperity we aspire to it is important that all aspects of our economy are delivering world class returns.

This article originally appeared in Unlimited Magazine, June 2014.

The Māori economy is clearly a focus for government and rightly so. Its asset base of approximately $40bn is somewhat fragmented, heavily biased toward property and primary industry, and in general under-utilised.

There were a number of research and development and tourism initiatives announced in Budget 2014 aimed at economic development within the Māori economy to generate better financial returns. While these initiatives are a start, they fall short in terms of the quantum and follow through required to really make a difference. So what else is needed?

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Author: Mark Lash
Partner, Wellington