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KAUPAPA MÄTUA<br />

THE MÄORI<br />

ECONOMY<br />

Mäori are a significant contributor to <strong>the</strong> New Zealand economy.<br />

The 200 or so people who attended <strong>the</strong> Mäori Economic Summit<br />

held in Auckland on Thursday 5th of May learnt how important <strong>the</strong><br />

Mäori contribution to New Zealand is and how important it will be<br />

in <strong>the</strong> future. Mäori have steadily increased <strong>the</strong>ir contribution to <strong>the</strong><br />

economy as reflected in <strong>the</strong> gradual growth of <strong>the</strong> share of Mäori<br />

value added to Gross Domestic Product (GDP) from 1.4% in 1996 to<br />

5.9% in 2010, just over $10 billion. Also <strong>the</strong> Mäori asset base in 2010<br />

was calculated at $36.9 billion.<br />

The report, which revealed <strong>the</strong><br />

new figures, was commissioned<br />

by <strong>the</strong> Mäori Economic Taskforce<br />

and prepared by one of <strong>the</strong><br />

country’s leading economic<br />

research companies – BERL.<br />

At <strong>the</strong> Summit hosted by <strong>the</strong><br />

Minister of Mäori Affairs, Deputy<br />

Prime Minister and Finance<br />

Minister – Hon Bill English –<br />

congratulated Mäori on our<br />

contribution to <strong>the</strong> economy<br />

and pointed out that many of<br />

our endeavours were in <strong>the</strong><br />

production of food – which is a<br />

good place to be.<br />

16<br />

T E PUNI KÖKIRI | KÖKIRI | HÖNGONGOI - HERE-TURI-KÖKÄ 2011

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