Friday, 14 July 2017

Māori Economy Investor Guide

For those of us who like to have a stake in the New Zealand economy, Māori businesses may be leading the way for long-term investment potential.

In Nelson, Wakatū Incorporation, is - in their words - " A Business of the Land and Sea" (He Taonga Tuku Iho). Made up of 4,000 descendants of the original Māori tangatawhenua of Te Tau Ihu (the top of the South Island), this pan-Iwi organisation is currently worth more than $260 million. In the foyer of their corporate office is a strategic plan with a 500 year horizon. That is truly a long-term view.

The New Zealand Trade and Enterprise arm of the New Zealand Ministry of Business, Innovation and Enterprise  released the Māori Economy Investor Guide in June 2017. It can be downloaded here as a pdf.

In a similar vein to Wakatū Incorporation, the investor guide talks about te pae tawhiti: the idea that each generation is a steward for those who are yet to come. The guide says:
"Māori recognise and consider that decisions made now will benefit the future generations to come. The well-being of future generations is always considered during decisions made"
Long term investors: don't forget to examine Māori and Iwi-owned businesses.



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