Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


Te Rarawa to hold Summit Hui on Iwi Investments

Te Rarawa to hold Summit Hui on Iwi Investments

Exploring iwi investment opportunities is one of the many development initiatives Te Rarawa will focus on at the Iwi Summit hui to be held in Kaitaia from the 22nd-24th November, 2012.

The summit will look for direction on an investment strategy to build a solid financial foundation for the future of Te Rarawa descendants that will create employment opportunities and protect iwi and hapu resources. Directors of the Te Rarawa asset holding company, Te Waka Pupuri Putea, will provide strategic investment advice for the iwi as they consider a number of key priorities for development.

Deloitte's Partner and Te Waka Pupuri Putea director Leon Wijohn says, "One of the messages we're getting loud and strong from the marae delegates is that everything we invest in has to be done using strong relationships our marae communities and people, so that we're all moving in the same direction as one."

One of the investment priorities we've already spoken about will focus on building a 'Te Rarawa economy', to create employment opportunities and iwi, hapu and whanau based business development.

"There is some really good learning from within New Zealand and overseas where organisations invest in developing their own people, through education and innovation hubs, where skills and ideas can be nurtured into new business creation," adds Wijohn.

"We have to look well into the future, but have a 5, 10, 15 year plan so that we can make the investments now to ensure our people and iwi business are ready to take up the future opportunities that will emerge from our investments."

Another area of focus for Te Waka Pupuri Putea is to secure the resources to protect them for the future. The money that Te Rarawa will initially receive as part of their settlement will be held in secure short term deposits to allow time for a thorough development of investment options and business cases. "It's important that these resources are parked up in safe way while we go through this planning process; talking with our people and undertaking research and development of the various investment options available to us."

Iwi Chair Haami Piripi agrees that the settlement contains intergenerational resources which must be protected and nurtured for the mokopuna that are yet to be born.

In the agriculture sector Te Rarawa has a substantial land base and established farming communities and businesses. "It would therefore make sense to invest and expand in the area of land use which includes agriculture, horticulture and silviculture." says Piripi.

"This doesn't mean that the investment only sits at a local level. These primary industries are interconnected with a number of support industries and other high end niche marketing opportunities, some of them worldwide. We need to explore other opportunities in the supply chain to markets which may involve joint venture agreements with other iwi or business partners."

"The essential key to all our business arrangement is connectivity, between us as Te Rarawa members and our stakeholders and business partners. With the addition of the ultrafast broadband network which we've already invested in, we'll be able to amplify our current investments in primary productions, as well as potentially creating new opportunities in areas like ecotourism, data management and remote customer service centres." says Piripi.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Farcical Elevation Of David Seymour

With the election won, it’s time to find jobs for the boy. David Seymour is the Act Party’s latest scrounger to be rewarded by the National Party, and not only with a seat in Parliament. This time around, a couple of parliamentary Undersecretary posts in education and regulatory reform have been thrown in, plus an annual salary of $175,000 while he learns the ropes. Shouldn’t Seymour at least be put on a 90 day trial before he gets his hands on that sort of serious moolah?

It would be for his own good, really. At this rate, Act is never going to learn how to make its own way in the world More>>

 

As Key Mulls Joining ISIS Fighting: McCully Speech To UN Backs Security Council Bid

It is an honour to address you today on behalf of the Prime Minister and Government of New Zealand. Our General Election took place last week - our Prime Minister Rt Hon John Key is engaged in forming a government and that is why he is unable to be here in New York... More>>

ALSO:

Labour: Cunliffe Triggers Party Wide Leadership Contest

David Cunliffe has resigned as Labour Leader, but says he will seek re-election... If there is any contest the election will have to go through a process involving the party membership and union affiliates. More>>

ALSO:

Flyover Appeal: Progress And Certainty, Or Confusion And More Delays?

Lindsay Shelton: The Transport Agency, embarrassed by the rejection of its flyover alongside the Basin Reserve, says it’s appealing because the decision could “constrain progress.” Yet for most clear-sighted Wellingtonians a 300-metre-long concrete structure above Kent and Cambridge Terraces would in no way be seen as progress… More>>

ALSO:

Gordon Campbell: On Cunliffe’s Last Stand

Right now, embattled Labour leader David Cunliffe has three options. None of them are particularly attractive for him personally, or for the Labour Party... More>>

ALSO:

Key Seeking 'New Ideas': Look To Children’s Commissioner On Poverty - Greens

John Key should not reinvent the wheel when it comes to ideas for tackling child poverty, and instead look to the recommendations of the Children’s Commissioner’s Expert Group on Child Poverty, Green Party co-leader Metiria Turei says. More>>

ALSO:

'Safe To Re-Enter' - OIA Docs: Safety Is Absolute Priority At Pike River Mine

“We understand that the time it is taking to complete our evaluation of the risks is frustrating for the family members and we are trying to complete this work as quickly as we can,” Ms Dunphy says. “It is Solid Energy’s responsibility to make this decision and we will do so, once we have all the information required to make a fully-informed decision.” More>>

ALSO:

Images & Report: Mihi To Welcome Newly-Elected MPs To Parliament

The 29 newly elected MPs were welcomed into Parliament with a Mihi. Parliament’s current Speaker David Carter offered advice from his experience working in Parliament advising the MPs to work collaboratively. More>>

Gordon Campbell: On Labour’s Very Bad Year

While Labour leader David Cunliffe still appears to be in denial about the extent of Saturday night’s debacle, there was hardly a single redeeming feature about the election results for the centre-left... More>>

ALSO:

General Election NZ: National Win

Election Night: With almost all votes counted National and John Key have won a third term and are close to being able to govern alone if they so choose. Key has indicated he will still reach out to form a Government with ACT, United Future and Maori Party. More>>

ALSO:

Perfectly-Timed Anniversaries: Suffrage Day Is Last Chance To Enrol

“The last chance to enrol is Friday 19 September. You can’t enrol on election day.” More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
More RSS  RSS
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news