Ngāi Tahu suing Māori fisheries trustee and the crown

Ngāi Tahu suing Māori fisheries trustee and the crown
Māori collectively own 50% of Sealord shares. (Image: Sealord)
Jem Traylen
Ngāi Tahu has filed papers in the high court over attempts to change how surplus funds from collective Māori fisheries assets are allocated among iwi.The allocation model used now distributes benefits on a population basis, but planned amendments to the Māori Fisheries Act (MFA) would allow surplus funds to be distributed equally among iwi.The legislative change has its origin in a 2015 review of Te Ohu Kaimoana – the trust set up to manage the collective interests of iwi arising from the 1992 settlement of their commercial fishing treaty...

More Primary Sector

Ruminant Biotech closes $17 million series A raise
Primary Sector

Ruminant Biotech closes $17 million series A raise

The agritech start-up plans its commercial launch in NZ and Australia next year.

Draft approval clears way for OceanaGold expansion
Primary Sector Exclusive

Draft approval clears way for OceanaGold expansion

The Waihi North Project is the first mine set to be approved under the fast-track law.

A cut to the milk price isn’t as bad as it sounds
Primary Sector

A cut to the milk price isn’t as bad as it sounds

A $9.50/kgMS price is still well ahead of breakeven.