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

 

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news