Tainui assets top $1bln as 20th anniversary of Treaty settlement looms

Tainui assets top $1bln as 20th anniversary of Treaty settlement looms
By Pattrick Smellie July 2 (BusinessDesk) - Waikato’s Tainui iwi has recorded total tribal assets worth more than $1 billion for the first time since the $170 million settlement of its Treaty of Waitangi claims by the Bolger government in 1995. This year’s annual report is the first to combine all the results of operating entities associated with the tribe under the umbrella of the Waikato Raupatu Trust Fund, established when Tainui and the South Island iwi Ngai Tahu blazed a trail for mega-settlements of Treaty grievances with the Crown....