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


CFRT Releases Annual Report


21 June 2005

CFRT Releases Annual Report

Crown Forestry Rental Trust (CFRT) today released its 2004/05 Annual Report at a presentation to its Appointors, the New Zealand Maori Council, Federation of Maori Authorities and Minister of Finance.

CFRT was established in 1990 to provide assistance to Maori with Treaty claims involving Crown forest licensed land. The report details a successful year for CFRT, which has improved the way it assists Maori with claims to Crown forest licensed land.

“CFRT has transformed its approach to working with claimant groups.” Chief Executive, Ben Dalton said. “Funding assistance to claimant groups has increased by 27.5%. Research assistance for Maori has increased by 31.8% and administration costs have been reduced by 16%.”

CFRT holds rental from Crown forest licensed land in trust until Maori and the Crown resolve ownership of claims over Crown forest licensed land. CFRT currently holds $396.7 million in trust. CFRT invests the rental money in Government bonds and bank deposits and uses interest to fund eligible groups.

CFRT encourages cooperation between claimants and all groups must meet clearly defined eligibility criteria prior to receiving CFRT assistance. CFRT demands high levels of performance from Maori and the Crown because only Maori and the Crown can settle claims – not CFRT.

Trustees look forward to the day when the claims to Crown forest land are finally settled. “The sooner the claims to Crown forest licensed land are settled and the assets released for investment the better.” Mr Dalton said. “CFRT is committed to assisting eligible groups achieve this goal as quickly as possible.”

CFRT Trustees will be undertaking public meetings to present the report to claimant communities from 4-7 July in Blenheim (Admirals Motor Lodge), Whangarei (Kingsgate Hotel), Thames (Thames War Memorial Civic Centre), Rotorua (Quality Resort Heritage), Taupo (Great Lake Centre), Materston (Copthorne Solway Park), Wanganui (Avenue Hotel & Conference Centre), Napier (East Pier Beach Bar & Brassiere) and Gisborne (Gisborne Hotel).



The Crown Forestry Rental Trust is an independent trust with equal numbers of Maori and Crown appointed Trustees. It receives no taxpayer funding.

The main purpose of Trust is the management and administration of interest earned from investment of rental proceeds from Crown forest licensed land.

It uses this interest to assist eligible Maori claimants in the preparation, presentation and negotiation of claims involving Crown forest licensed land before the Waitangi Tribunal and in Direct Negotiations with the Office of Treaty Settlements. CFRT cannot settle Treaty claims.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Government: Northland To Move To Orange, NZ Prepared For Omicron

Northland will move to Orange at 11:59pm tonight, 20 January 2022, while the rest of New Zealand will remain at Orange as the Government prepares for Omicron to enter the community.
“Vaccination rates have continued to increase in Northland and are now at 89 percent first dose. The easing of the Auckland boundary over summer did not drive an increase in cases so we believe it is safe for Northland...


Gordon Campbell: On Responding To The Need In Tonga

The power of the Tonga eruption (and the size of the aid response being mounted) have been sobering indications of the scale of this disaster. The financial impact is certain to exceed the damage done by Cyclone Harold two years ago, which was estimated at the time to cost $US111 million via its effects on crops, housing and tourism facilities. This time, the tsunami damage, volcanic ash, sulphur dioxide contamination and villager relocation expenses are likely to cost considerably more to meet...


Science Media Centre: Omicron Outbreak Would Move The Country To Red - Expert Reaction

The Prime Minister has announced if Omicron cases spread into the community, the country will move to the traffic light system's Red setting within 48 hours. Jacinda Ardern also mentioned there will be changes to the country's testing regime, with more use of Rapid Antigen Tests... More>>

Government: New Zealand Prepared To Send Support To Tonga

New Zealand is ready to assist Tonga in its recovery from Saturday night’s undersea eruption and tsunami, Foreign Affairs Minister Nanaia Mahuta and Defence Minister Peeni Henare said today... More>>

Ministry of Health: COVID-19 Immunisation Starts For 5 To 11-year-old Tāmariki

More than 120,000 doses of the child (paediatric) Pfizer vaccine have been delivered to over 500 vaccination sites around New Zealand as health providers prepare to start immunising 5 to 11-year-olds tamariki from today, 17 January... More>>

Statistics: Departures Lift Border Crossing Numbers

The number of people crossing New Zealand’s border went up in November 2021, mostly due to an increase in departures, Stats NZ said today. There were 28,700 border crossings in November 2021, made up of 12,300 arrivals and 16,400 departures... More>>

Financial Services Federation: Open Letter To Government From Non-bank Lenders: The Path Forward On CCCFA Changes
Responsible lenders are not interested in telling the Government “I told you so” when it comes to unintended consequences of changes to lending laws that are now causing grief for everyday Kiwis seeking finance... More>>

CTU: Too Many Kiwi Workers Financially Vulnerable As Omicron Looms
With New Zealand on the precipice of an Omicron outbreak and the economic upheaval that comes with it, the CTU’s annual Mood of the Workforce Survey shows the vast majority of kiwi workers do not have the financial resources to survive a period of unemployment... More>>




InfoPages News Channels