Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Māori authorities have a future focus


Māori authorities have a future focus

30 June 2014

Nearly all commercial businesses owned by Māori authorities have a clear vision or mission statement, according to Tatauranga Umanga Māori 2014, a report released by Statistics New Zealand today.

“The fact that 96 percent of Māori authority businesses have a vision statement shows they’re approaching business quite differently from other commercial enterprises,” Tatauranga Umanga Māori manager Jason Attewell said. Only 58 percent of total New Zealand businesses report having a clear vision for the future.

The report also highlights the difference in geographical locations of Māori authorities. Almost half of Māori authorities are located in the Bay of Plenty and Waikato regions. “While 1 in 3 New Zealand businesses are based in Auckland, that figure drops to 1 in 20 for Māori authorities. We found that Māori authorities tend to be located in more rural areas, which reflects their predominantly land-based assets,” said Mr Attewell.

Māori authorities also tend to hold high proportions of fixed tangible assets, accounting for 49 percent of their total value, compared with 28 percent for total New Zealand businesses.

“Sustainability and providing for future generations are likely the drivers behind the physical-asset-based businesses we’re seeing in Māori authorities,” Mr Attewell said.

China was the leading destination for goods exported by Māori authorities. Goods exported to China were worth $274 million in the March 2014 year, up 67 percent from the previous year.

The report Tatauranga Umanga Māori 2014 is part of Tatauranga Umanga Māori, a multi-year research project that involves identifying Māori authorities and compiling statistics about them. The report includes a summary of such statistics – using existing data collections carried out by Statistics New Zealand.

While Tatauranga Umanga Māori 2014 concentrates on easily identifiable Māori authorities, Statistics NZ plans to eventually be able to identify all Māori businesses. The report illustrates the wealth of information available from official statistics if we can identify Māori businesses, and shows the contribution of these organisations to the New Zealand economy.

Read the report – Tatauranga Umanga Māori 2014: Statistics on Māori authorities.

Ends


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Housing: Affordability Drops 14%, Driven By Auckland Prices

Housing affordability across New Zealand fell 14 percent in the year ending November 2014, with Auckland’s lack of affordability set to reach levels it hit during the height of the global financial crisis, according to the latest Massey University Home Affordability Report More>>

ALSO:

The Dry: Fonterra Drops Forecast Milk Volumes By 3.3 Percent

Fonterra Cooperative Group, the worlds largest dairy exporter, reduced its milk volume forecast for the 2014-2015 season by 3.3 per cent due to the impact of dry weather on production in recent weeks. More>>

ALSO:

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news