November 21, 2014
Waipareira set to invest again
The chief executive of Te Whanau o Waipareira says the west Auckland urban Maori trust now has a solid platform for growth.
The trust’s latest results show a $370,000 net surplus on revenue of just over $16 million, some $29 million in assets and no debt.
John Tamihere says thats set to change as it levers off the asset base.
"So we will be looking at some major investments over the next 18 months because we've got to earn money to innovate and to invest in our community. The bureacrats and government won't because they're just control freaks, but what we've got to do is lift our education status, drop our criminality and lift our employment," he says.
Mr Tamihere says over the past few years Waipareira has developed a good leadership team including good succession.
Some of the trust’s activities will be on show tomorrow at the Waipareira Super10s Sports Challenge at the Waitemata Rugby Club in Henderson.
Teams will compete in children’s tag, mixed touch rugby and rugby league 9s, and there’s a free concert from noon featuring Swiss, Sammy J, Abbie and DJ Thomas Rose.
FOR THE FULL INTERVIEW WITH JOHN TAMIHERE CLICK ON THE LINK
https://secure.zeald.com/uma/play_podcast?podlink=MjQyNzU=
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