Maori settlement groups achieve higher returns on assets, pay lower dividends, ANZ says

Tue, 18 Jul 2017

By Tina Morrison July 19 (BusinessDesk) - Maori iwi groups that have received settlements from the Crown achieved a higher average return on assets than New Zealand's biggest listed companies, but paid out a lower level of dividends, according to research by ANZ Bank. The first settlement for historical grievances under the Waitangi Tribunal process took place in 1989, and more than 80 iwi have so far reached agreements ahead of the 2020 deadline with total claims worth more than $1 billion. The total assets of all post-settlement entitie...

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