This article originally appeared in Unlimited Magazine, June 2014.
The Māori economy is clearly a focus for government and rightly so. Its asset base of approximately $40bn is somewhat fragmented, heavily biased toward property and primary industry, and in general under-utilised.
There were a number of research and development and tourism initiatives announced in Budget 2014 aimed at economic development within the Māori economy to generate better financial returns. While these initiatives are a start, they fall short in terms of the quantum and follow through required to really make a difference. So what else is needed?
Author: Mark Lash