Iwi-owned commercial entities have outperformed some of New Zealand’s largest listed companies. 

ANZ’s annual Te Tirohanga Whanui report shows the entities emerged from the economic downturn in good shape, faring better on a return on assets basis. 

Waikato-Tainui’s Te Arataurare among the strong performers, having a balance sheet of $1.9 billion. 

Māori Development Minister Tama Potaka told Heather Du Plessis-Allan there are some reasons behind the uplift. 

He says many iwi and Māori businesses are land and people based, they have low debt levels, and are often generational players. 

LISTEN ABOVE 

Iwi-owned commercial entities have outperformed some of New Zealand’s largest listed companies.&nbsp;
ANZ’s annual Te Tirohanga Whanui report shows the entities emerged from the economic downturn in good shape, faring better on a return on assets basis.&nbsp;
Waikato-Tainui’s Te Arataurare among the strong performers, having a balance sheet of $1.9 billion.&nbsp;
Māori Development Minister Tama Potaka told Heather Du Plessis-Allan there are some reasons behind the uplift.&nbsp;
He says many iwi and Māori businesses are land and people based, they have low debt levels, and are often generational players.&nbsp;
LISTEN ABOVE&nbsp;

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Tama Potaka: Māori Development Minister on iwi-owned commercial entities outperforming large companies

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2a230286-5857-40d7-be06-b313014025d6/transcript