Iwi empire: Six billion dollars
3 February 2017
Comment on this post | 0 0
Six billion dollars. That's the scale of assets controlled by iwi which have signed settlements with the Crown. That figure could double in a decade or so, believes one expert who has studied the scope and management of iwi assets. Phil Barry, a director of corporate finance and economic consultants TDB Advisory in Wellington, sees a big rise in the Maori economy, to the point where the post-settlement iwi will have assets worth $12b.