Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Tainui, Ngai Tahu get $35.3M top-up over dispute

Tainui, Ngai Tahu get $35.3M top-up over disputed calculation of relativity mechanism

By Paul McBeth

April 10 (BusinessDesk) - Iwi heavyweights Waikato-Tainui and Ngai Tahu have received a $35.3 million top-up after disputing the way the Crown valued settlements when the payouts breached the $1 billion fiscal envelope six years ago.

Treaty Negotiations Minister Andrew Little today announced the $16.6 million payment to Tainui and $18.7 million payment to Ngāi Tahu to ensure each iwi meets the agreed ratio of total settlements.

Central North Island-based Tainui and South Island Ngāi Tahu settled for $170 million apiece but were granted top-up clauses that would ensure Tainui received 17 percent of all settlements and Ngai Tahu got 16.1 percent. That clause would come into play if the Crown paid out more than $1 billion in 1994 dollar terms under the fiscal envelope

"This process is about maintaining the agreed relativity between the settlements agreed with Waikato-Tainui and Ngāi Tahu and the total value of all historical Treaty settlements," Little said in a statement. "That was the undertaking made by the Crown in 1995 and 1997 when these settlements were reached, and we must honour it."

The latest payments are separate to initial 2012 top-ups when Tainui received $70 million and Ngāi Tahu $68.5 million and further payments of $28.3 million and $48.9 million respectively after the iwi disputed the size.

Little said the type and variety of Treaty redress have evolved over time, making it more difficult calculate the total value of settlements.

"This uncertainty has led to differing views on the amounts payable to maintain relativity," he said. "It’s important to get these payments to Waikato-Tainui and Ngāi Tahu right. The Crown is committed to honouring the contractual nature of the relativity mechanism clauses."

Last December, Tainui and Ngāi Tahu were paid $190 million and $180 million respectively in the second five-yearly cycle under the relativity mechanism.

(BusinessDesk)

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Dealing Crackdown, Addiction Support: Government Action On Synthetics

The NZ Drug Foundation has welcomed the Government’s response to synthetic drug deaths. The response strikes a balance between giving law enforcement the tools they need to target criminal networks and changing drug law to make it easier for people to access help when they need it...

“The terrible deaths our families and communities have suffered tragically prove our drug laws are not fit-for-purpose: Too much emphasis has been given to law enforcement and prisons, with little support to communities for prevention, harm reduction, treatment and social interventions.” More>>

 

Strategy Committee Unanimous: Wellington To Forge Ahead With Convention Centre

The three-storey Cable Street building, with around 18,000-square metres of floor space, will comfortably be able to host 1500 people for conventions. It includes a 1651sq m exhibition area that will attract international exhibitions too big for nearby Te Papa and provide an always-changing visitor attraction. More>>

ALSO:

Surveying The Surveillance: First IGIS Review Of Warrants Under New Act

The report sets out the Inspector-General’s interpretation of the new warrant provisions under the ISA and her expectations of the GCSB and NZSIS when they prepare warrant applications. More>>

SSC: 2018 Public Service Workforce Data Published

State Services Commissioner Peter Hughes has published the 2018 Our People, Public Service Workforce Data , which shows the Public Service is making significant progress in important areas. More>>

ALSO:

Joint Select Committee Report: Achieving Smokefree 2025

In a historic first for select committees, the Māori Affairs Committee and the Health Committee presented their joint report on achieving the Smokefree 2025 goal to the House on Tuesday, 11 December 2018. More>>

"Shared Interests And Democratic Values": Peters To Visit USA

Deputy Prime Minister and Foreign Affairs Minister Winston Peters will travel to Washington D.C. for talks with US Secretary of State Michael R. Pompeo and other senior members of the US Administration. More>>

Science Advisors: Stopping Family Violence – The Evidence

A new report “Every 4 minutes: A discussion paper on preventing family violence in New Zealand” by Justice sector Chief Science Advisor, Dr Ian Lambie, discusses the evidence and asks us, as a community, to get involved. More>>

ALSO:

Misuse Of Drugs Act: Medicinal Cannabis Legislation Passes

“Ultimately, this legislation will greatly increase availability of quality medicinal cannabis products, and will allow for their domestic manufacture. It will help people ease their suffering by making a wider range of quality medicinal cannabis products available over time." More>>

ALSO:


Conflicts, Inadequacies: IPCA Finds Police Investigation Flawed

The Independent Police Conduct Authority has found that a Police investigation into inappropriate contact between a teacher and a student in Gisborne in 2014 was deficient in several respects. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels