Asset sales must halt for deal with Maori on water, Waitangi Tribunal says

Fri, 24 Aug 2012

By Pattrick Smellie Aug. 24 (BusinessDesk) - The government should halt its privatisation policy while it changes the constitutions of its electricity companies to allow Maori input into how they are run, says the Waitangi Tribunal in its interim report on Maori claims to proprietary rights and interests in fresh water. The tribunal says Maori do not "own water" but can claim "residual property rights", which must be properly acknowledged for the government to meet its obligations under the Treaty of Waitangi. The finding was released in a 2...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets market close
US dive brings down NZ stocks
Dan Brunskill | Thu, 19 May 2022

In the US, Target's earnings results exacerbated some recession fears.

Budget 2022
Budget 2022: top five announcements for New Zealanders
Pattrick Smellie | Thu, 19 May 2022

Here are the top five things that the public can expect following today's Budget.

Budget 2022
Budget 2022: top five announcements for business
Pattrick Smellie | Thu, 19 May 2022

What business can look for.

Partner content
What’s driving the ram raids, and what shop owners can do

Scott La Franchie explains the motivations behind the spate of burglaries.

Partner content
Grow your business by taking time to plan

Getting business fundamentals right gives the best chance at beating the unplannable.