|
Thursday 12th June 2014 |
Text too small? |
The government's programme of completing Treaty of Waitangi claims continues, with the announcement of a settlement package valued at $100 million for the iwi and hapu of Te Wairoa, covering seven clustered groups in northern Hawke's Bay, southern Gisborne, the town of Wairoa, Lake Waikaremoana and the Mahia peninsula.
The settlement includes the assets of the Wharerata and Patunamu Forests, a number of Department of Conservation sites and a social and economic revitalisation strategy in partnership with government agencies.
The clusters represent some 30,400 people and are made up of Ngāti Rākaipaaka, Rongomaiwahine/Ngāi Te Rākatō, the Wairoa Waikaremoana Māori Trust Board, Ngāi Tamaterangi/Hinemanuhiri, Whakakī Nui-ā-Rua and Te Wairoa Tāpokorau Clusters 1 and 2, all of whom descend from the ancestor Kahungunu and the Tākitimu waka.
“The Agreement in Principle marks the start of the next phase of negotiations with Te Wairoa and represents an important milestone. This agreement provides both the Crown and Te Wairoa with a basis from which we can develop a detailed Deed of Settlement,” said Treaty Negotiations Minister Chris Finlayson in a statement.
BusinessDesk.co.nz
No comments yet
KMD completes Placement and Institutional Entitlement Offer
SML - North Island asset sale completed
RAD - Radius Care Expansion Continues with Care Home Acquisition
PFI - Property for Industry Limited Bond Offer Final Terms Sheet
April 1st Morning Report
FSF - Fonterra completes sale of Mainland Group to Lactalis
GNE - Resignation of Chief Financial Officer
PFI - Property for Industry Limited Launches Bond Offer
March 30th Morning Report
HGH Ltd Results for the 6 months ended 1 February 2026