COLOR-Waatea logo 2016-final

On Air Now
Radio Waatea

07:00am - 10:00am
Ed Sheeran

River buy sweetens profit for Tuwharetoa trust

Share to Email
Share to RSS
Share to Print

The chair of the Tuwharetoa Settlement Trust says by working with other tribal entities like land and forest trusts and the Tuwharetoa Maori Trust Board, the trust has been able to turn itself round and lay a sound foundation for the future.

At its annual meeting in Taupo on the weekend, the trust reported a net after tax profit of $11.6 million to June 30, $10 million up on the previous year.

Rakeipoho Taiaroa says the highlight was buying the last of the deferred settlement properties, including the 8500 hectare Hautu Rangipo block with the Rangipo prison and forest on it.

"Tuwharetoa Settlement Trust didn't have the cash to purchase everything so through advice, through good management and collaboration with other Tuwharetoa economic authorities we were able to get the major milestone over the line and not only the prison land which is historically our property, we were also able to return 8km of the Tongariro River, one of the most iconic rivers in Aotearoa," he says.

The result means marae grants can be resumed.



Copyright © 2015, UMA Broadcasting Ltd:

Waatea Glass Logo 1
Taking of children deliberate, horrific and brutal
Martyn 'Bomber' Bradbury: I don’t believe the majority of those arguing about OT fully appreciate how deliberate and horrifically brutal this policy of taking children truly is
Our damaged, racist Prison Industry is the legacy of hate and spite as social policy
Martyn 'Bomber' Bradbury: 32 years after the Roper Report told us that our Prison system wasn't working by jailing and punishing too many, we get another Justice Advisory report once again highlighting our debased prison system as deeply damaging, deeply racist and deeply counter productive.
Is Willie Jackson a racist or Paula Bennett a bigot?

Dr Rawiri Taonui: The spat between Labour’s Minister of Employment Willie Jackson and National Deputy Leader Paula Bennett raises issues about Māori identity.






Enter your email address to receive regular updates from Waatea News.
  • fb

On Air Now
Radio Waatea

07:00am - 10:00am