The Māori economy continues to grow, while employment drops and home ownership remains a distant dream for many. Business advisor Joshua Hitchcock explains the disconnect. The Māori economy is now worth almost $70 billion. That was the headline figure of Te Ōhanga Māori 2018-The Māori Economy Report 2018 recently released by BERL (Business and Economic … Read more
The tech sector is well-placed to lead New Zealand’s recovery from Covid-19. Deep tech provides a chance for that recovery to be sustainable and values-led – an approach already bringing success to the Māori economy. Aotearoa is currently a pretty good place to be, if you can get here. The $50bn of pandemic-related borrowing is … Read more
This year’s budget was a chance to re-orient our economy to help it work better for Māori, not just now but into the future. The government failed to grasp the opportunity, writes Missy Te Kanawa. For Māori, the budget met the Covid-19-created need but missed the long-term mark. There were some good wins, but overall … Read more
Technology has helped Māori assert a strong, independent response to help stop the spread of Covid-19, but the crisis also exposes telecommunications vulnerabilities. The 1918 influenza epidemic hit Māori hard. Around 2,500 died in under two months at a rate of 50 per 1,000 people – eight times that of Europeans. So, when Covid-19 arrived, … Read more
Māori will likely make up the worst unemployment figures in the forthcoming economic recession. Things can’t go back to the way they were, writes Joshua Hitchcock. Our world has changed. While it is too early to know with any certainty what the full impact of this crisis will be on Māori, what we can surmise … Read more
Every year Matariki X brings Māori innovators and entrepreneurs together to share their experiences and inspire one another. Callaghan Innovation’s Vinnie Campbell says the Māori economy’s biggest strengths have nothing to do with money. This story was funded by The Spinoff Members. For more about becoming a member and supporting The Spinoff’s journalism click here. … Read more
The hugely popular InnoNative market day, which sells 100% handmade and traditional Māori products, now has a more permanent home in Whangārei. Tucked among the industrial workshops near Whangārei’s Town Basin is a whānau-driven shop making a name for its authentic indigenous products. The InnoNative Market pop-up store occupies one corner of the larger business … Read more
The land protection movement at Ihumātao may have wrongly been pitted as rangatahi versus rangatira, but there’s no denying it has given rise to a new generation of leaders and values. Have Treaty settlements and tribally controlled assets changed how iwi leaders see land, and is it time for recalibration? The tension that gave rise … Read more
Every few years, as the Māori economy grows, someone floats the idea of an iwi-owned financial institution. The list of pros and cons is long, writes business advisor and Treaty commentator Joshua Hitchcock. It has been a challenging period for the banking industry in New Zealand. Moves by the Reserve Bank to strengthen capital carrying … Read more
Russell Brown travels to Rotorua, Whakatāne and Gisborne to see what data is doing in the regions. For 650 years, people have been hushed by the sunsets of Ohinemutu. The hills to the west of Rotorua, as if gently parted by hand, let the light stay longer and lower here. It sends a blush up … Read more
Size is relative, and a recent report on iwi investment shows that despite growth, the Māori economy has a long way to go. It often amazes me that when we speak of the Māori economy we do not talk about what comprises the Māori economy, how it is supporting the Māori population, and how to … Read more
All week this week we feature tangata whenua writings to mark Waitangi Day. Today: “Everything we know about urban Māori is probably wrong”, writes Morgan Godfery, in his review of a new study by Bradford Haami. The first urban Māori were probably eighteenth century Sydneysiders. Until 1912, a laneway near the Australian Heritage Hotel, a … Read more
Today’s Māori organisations are the result of decades of Māori being forced into corporate structures that don’t fit. It’s time to rethink them, writes Joshua Hitchcock. The accountability of Māori organisations to their members was back in the news in April, with several stories highlighting unjustified spending and unaccountable governance structures. It is always disheartening … Read more
A new cultural hub in Ruatāhuna is the third eco-friendly building for Ngāi Tūhoe, representing their values of mana motuhake and self-sustainability. Jason Renes went to the opening and explored Tūhoe’s 40-year housing strategy. This is part of a series on Māori land and housing. Hokimoana Te Rika-Hekerangi sits on the courtyard of Te Tii. Her … Read more
Business consultant and Treaty commentator Joshua Hitchcock looks at the terms of reference for the new Tax Working Group and asks: how can the tax system create a more equitable outcome for Māori? The Spinoff is hosting Tax Heroes – a series covering tax, who pays it and what it means. Click here to read … Read more
Joshua Hitchcock looks ahead to 2018 and hopes that the thriving Māori economy doesn’t overshadow other important areas of development. Two years ago I packed my bags, said goodbye to Mum, and boarded the plane to Heathrow. Following in the footsteps of millions of New Zealanders before me, I set out on the traditional OE … Read more
Business is Boring is a weekly podcast series presented by The Spinoff in association with Callaghan Innovation. Host Simon Pound speaks with innovators and commentators focused on the future of New Zealand, with the interview available as both audio and a transcribed excerpt. This week Michael Moka talks Māori entrepreneurship and bringing the whānau (values) to … Read more
Deloitte have released their list of the Top 10 Māori organisations for 2017. Joshua Hitchcock looks at the year’s big hitters. 20 years ago Ngāi Tahu settled their historical grievances with the Crown for $170 million. Over the past 20 years, they have developed an asset base of $1.67 billion through investment in property, primary … Read more
A review into government innovation agency Callaghan Innovation published last year found weaknesses with its management, but its Māori economy unit was singled out for praise. Rebecca Stevenson caught up with Callaghan’s Hēmi Rolleston to find out how it’s helping Māori entrepreneurs build export-ready businesses. It has a mission that is mammoth. Callaghan Innovation aims … Read more
In his previous column Joshua Hitchcock looked at the alarmingly low employment rate for Māori. Here he searches for some solutions. Research in the United States on the effect of institutional racism in hiring practices show that a black man without a criminal record is less likely to secure a job offer as a white … Read more
About $100 million has been pledged to a new Iwi/Māori Direct Investment Fund. The NZ Super Fund’s Tama Potaka explains the ‘mahi tahi’ behind the initiative, which has received indicative commitments from over 35 iwi and Māori groups. With more than $15 billion of assets and investments currently under management by Māori collectives, and the … Read more
Thirty years of economic reform and the gap between Māori and Pākehā employment rates is wider than ever, says business columnist Joshua Hitchcock. I have never experienced unemployment. Since graduating in 2007 I have always found a job when I wanted one. That is not to say I have always worked these past 10 years. … Read more
It’s been estimated to be worth $26 billion, with significant stakes in the forestry and fishing industries. But underneath the story of the Māori economy are also the humming small business stories in Frankie Apothecary and Huia Publishers, Rebecca Stevenson finds. The numbers bandied around are staggering. A 2013 report by BERL for Te Puni … Read more
Joshua Hitchcock looks at the Māori Party initiatives most at risk from a new government: the Whānau Ora health programme and the Māori land law reforms. The votes are in, negotiations are underway, and while we enjoy the peaceful interregnum between the election and the formation of a new government, the election results have sent … Read more