Post by Kiwi Frontline on Feb 3, 2019 16:28:34 GMT 12
GOVT TO SPEND $100M ON SUPPORTING MĀORI LANDOWNERS
The government's Provincial Growth Fund will spend $100 million on supporting Māori landowners to make better use of their land.
The announcement was made this morning by the Prime Minister and the Regional Economic Development Minister, Shane Jones, at Kaipara.
They say research shows 80 percent of Māori freehold land is under-utilised and unproductive.
The money is to be spent on projects that are investment-ready.....
www.radionz.co.nz/news/political/381608/govt-to-spend-100m-on-supporting-maori-landowners
More on the above here > $120m of Provincial Growth Fund announced, $100m fund for Māori landowners
GOVT SHOULDN’T PLAY BANK WITH TAXPAYER MONEY
The Government’s new $100 million fund for Māori landowners is yet another example of the Bank of Shane Jones risking taxpayer money, says ACT Leader David Seymour.
According to the Prime Minister and Mr Jones, the $100 million fund is needed to help develop Māori land as landowners find it difficult to access capital from banks.
“If banks and other institutions aren’t willing to lend money to these landowners, why should it instead be taken forcibly from taxpayers?
“We’re told the money will increase the productivity of Māori land, but of course other parts of the economy will now be less productive as they are taxed more heavily to pay for it.....
www.scoop.co.nz/stories/PO1902/S00013/govt-shouldnt-play-bank-with-taxpayer-money.htm
The government's Provincial Growth Fund will spend $100 million on supporting Māori landowners to make better use of their land.
The announcement was made this morning by the Prime Minister and the Regional Economic Development Minister, Shane Jones, at Kaipara.
They say research shows 80 percent of Māori freehold land is under-utilised and unproductive.
The money is to be spent on projects that are investment-ready.....
www.radionz.co.nz/news/political/381608/govt-to-spend-100m-on-supporting-maori-landowners
More on the above here > $120m of Provincial Growth Fund announced, $100m fund for Māori landowners
GOVT SHOULDN’T PLAY BANK WITH TAXPAYER MONEY
The Government’s new $100 million fund for Māori landowners is yet another example of the Bank of Shane Jones risking taxpayer money, says ACT Leader David Seymour.
According to the Prime Minister and Mr Jones, the $100 million fund is needed to help develop Māori land as landowners find it difficult to access capital from banks.
“If banks and other institutions aren’t willing to lend money to these landowners, why should it instead be taken forcibly from taxpayers?
“We’re told the money will increase the productivity of Māori land, but of course other parts of the economy will now be less productive as they are taxed more heavily to pay for it.....
www.scoop.co.nz/stories/PO1902/S00013/govt-shouldnt-play-bank-with-taxpayer-money.htm