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Post by Kiwi Frontline on Nov 20, 2016 18:52:30 GMT 12
BALANCING REAL TENSIONS OF $10BN IN ASSETS It’s becoming an increasingly difficult balancing act for those tasked with managing the $10 billion-plus in assets that form part of the Māori economy in the hands of Iwi and Hapū, Chapman Tripp says. “The establishment of large, asset-rich Māori corporates from Treaty of Waitangi settlements means the Māori economy is growing rapidly, with recent reports claiming the niche economy is worth over $40 billion – 30% of which is held by Māori collectives and 70% held by Māori employers and self-employed Māori people,” Chapman Tripp’s Hoa Rangapū Whakarae (Chief Executive Partner) – and Kaihautū o Te Waka Ture, the firm’s Māori Legal Group – Nick Wells said...... www.scoop.co.nz/stories/BU1611/S00733/maori-economy-balancing-real-tensions-of-10bn-in-assets.htm
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