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

 

Scoop Business: Govt Resisting Pressure To Pump More Cash Into Solid Energy

Prime Minister John Key says it is “not the government’s preferred option” to make a fresh capital injection into the troubled state-owned coal miner, Solid Energy, but dodged journalists’ questions at his weekly press conference on whether that might prove necessary... More>>

ALSO:

Lagest Ever Privacy Breach Award: NZCU Baywide Accepts “Severe” Censure In Cake Case

NZCU Baywide says that once it was found to have committed a breach of a former staff member’s privacy, it had attempted to resolve the matter... the censure and remedies for its actions taken almost three years ago are “severe” but accepted, and will hopefully draw a line under the matter. More>>

ALSO:

Scoop Business: PayPal Stops Processing Mega Payments; NZX Listing Still On

PayPal has ceased processing payments for Mega, the file storage and encryption firm looking to join the New Zealand stock market via a reverse listing of TRS Investments, amid claims it is not a legitimate cloud storage service. More>>

ALSO:

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Crown Accounts: NZ Government Deficit Smaller Than Expected In First Half

The New Zealand government's operating deficit was smaller than expected in the first six months of the financial year, as the consumption and corporate tax take rose ahead of forecast in December, having lagged estimates in previous months. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

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