How much is Ngai Tahu worth?

How much is Ngai Tahu worth?

The iwi received a $178m Treaty settlement in 1998 and now owns assets worth $1.5 billion.

Who is the CEO of Ngai Tahu?

Arihia Bennett
Arihia Bennett (Ngāi Tahu, Ngāti Porou, Ngāpuhi) has been the Chief Executive Officer of Te Rūnanga o Ngāi Tahu since 2012.

Does Ngai Tahu Holdings pay tax?

The advantage to the Trust of operating commercial companies under the Charitable Trust structure is that income tax is not required to be paid on the profits of the companies. The ultimate shareholder of all the companies is the Ngāi Tahu Charitable Trust.

Why is Ngai Tahu rich?

Ngāi Tahu is the wealthiest iwi in New Zealand, with a net worth of $1.3 billion. Tumahai says that a particular highlight was the iwi’s investment in a homeownership pilot that enabled five families to purchase their first homes.

What is the largest iwi in New Zealand?

Largest iwi by population

  • Ngāpuhi – 125,601 (in 2013) – based in the Northland Region.
  • Ngāti Porou – 71,049 (in 2013) – based in Gisborne and East Cape.
  • Ngāti Kahungunu – 61,626 (in 2013) – based on the east coast of the North Island.
  • Ngāi Tahu – 54,819 (in 2013) – based in the South Island.

What business does Ngai Tahu own?

Ngāi Tahu Tourism is the parent company for a selection of iconic tourism businesses specialising in the outdoors. These include Shotover Jet, Franz Josef Glacier Guides and the Hollyford Track, leading experiences that are well known overseas and a must-do for many visitors.

Who is Julian Wilcox?

Professional Speaker, MC and Host Julian Wilcox (Ngāpuhi, Te Arawa)first hit the New Zealand airwaves in 2004 with Māori Television, and was one of the most prominent faces and voices of the channel for its first decade.

What does Ngai Tahu own?

Is Ngai Tahu a charity?

Ngāi Tahu is exempt from income tax because the sole shareholder for all its businesses is a registered charity. Many New Zealanders may be unaware the maker of their favourite breakfast cereal is owned by a church. But because it is a church, Sanitarium have never paid income tax.

Do Maori incorporations pay tax?

Income received by a Māori land trust or incorporation are subject to income tax laws. Being a Māori Authority for tax purposes reduces your provisional tax rate from 33% to 17.5% – although it does come with certain responsibilities around maintaining a tax credit account.

What is the richest iwi in NZ?

Ngāi Tahu
The iwi. New Zealand’s wealthiest iwi, South Island-based Ngāi Tahu maintained a steady 8 per cent return on assets in 2018. It holds a diverse portfolio including private equity investments, property, tourism, farming, forestry and seafood.

Who is the richest Maori in NZ?

Graeme Richard Hart
Graeme Richard Hart (born 1955) is a New Zealand billionaire businessman and the country’s wealthiest person. He prefers to stay out of the general media and makes few public appearances.

Why Te Rūnanga o Ngāi Tahu?

Te Rūnanga o Ngāi Tahu exists to grow and develop Ngāi Tahu whānau members who are culturally able, well-connected to their Ngāi Tahu community and outstanding performers in their chosen field. “Whakapapa is our identity, our feet on the ground…”

Who is the general manager strategy&influence at Te Rūnanga?

Rakihia Tau joined Te Rūnanga o Ngāi Tahu as General Manager Strategy & Influence in 2015, before being seconded in 2019 to lead the strategy work for the Investment Policy Framework in support of Haea Te Awa, our tribal strategy. He was appointed to the role of Group Head Strategic Relationships in 2020.

Who is the CEO of Ngāti Waewae?

Chief Executive Officer Arihia Bennett. Arihia Bennett MNZM (Ngāi Tahu – Ngāi Tūāhuriri, Ngāti Waewae, Ngāti Porou) has been in the role of CEO since 2012. She and husband Richard have an adult son, Piri.

Did Te Rūnanga o Kaikōura fight to protect their whenua?

The serene coastal landscape, and the smoothness of the new road, gives no indication of the struggle faced by Te Rūnanga o Kaikōura as once again they fought to defend their whenua, and their tīpuna buried beneath it. Kaituhi Tamara Bisseker reports.

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