Quick Answer: How Much Is Ngai Tahu Worth?

What does Ngai Tahu own?

Ngāi Tahu Tourism is the parent company for a selection of iconic tourism businesses specialising in the outdoors.

These include Shotover Jet, Franz Josef Glacier Guides and the Hollyford Track, leading experiences that are well known overseas and a must-do for many visitors..

How much land does Ngai Tahu own?

Our rural developments consist of 52,000 hectares of rural land in Canterbury and the West Coast of the South Island.

What are the tribes in New Zealand?

A 2013 New Zealand census listed the four largest Maori tribes as the ones listed below along with their population.Ngapuhi (125,601)Ngati Porou (71,049)Ngai Tahu (54,819)Waikato (40,083)

How much money was paid per acre of land when most of the South Island was bought from Ngai Tahu?

Between 1848 and 1864, Ngāi Tahu sold most of the South Island to the Crown for 15,000 pounds – a sum that equated to a fraction of a penny per acre. In return, the Crown promised to build schools and hospitals for the iwi and to set aside 10 per cent of the land for their occupation.

Did Ngai Tahu sign the Treaty of Waitangi?

Many Ngāi Tahu women married whalers, and the tribe was no stranger to European ways. When seven high-ranking southern chiefs signed the Treaty of Waitangi in 1840, it was seen as a convenient arrangement between equals. … Ngāi Tahu made its first claim against the Crown for breach of contract in 1849.

What does Ngai mean?

Ngai (other names: Engai, Enkai, Mweai or Mwiai) is the monolithic Supreme God in the spirituality of the Kamba and Kikuyu (or Gikuyu) of Kenya. Ngai is creator of the universe and all in it. Regarded as the omnipotent God, the Kikuyu worshiped Ngai facing the Mt.

How many members are there in Ngai Tahu?

58,000 membersNgāi Tahu has done incredibly well in managing and growing its collective wealth. However, with more than 58,000 members spread throughout Aotearoa and the world, we must manage the significant needs of our people, against what in reality is a limited pool of funds based on our size.

What is Ngai Tahu worth?

Ngāi Tahu HoldingsTrade nameNgāi Tahu HoldingsAreas servedNew Zealand, Fiji, Australia, China, United States of AmericaKey peopleMike Sang (CEO)Net incomeNZ$168.73 Million (2016)Total assetsNZ$1.503 Billion (2016)8 more rows

What is Ngai Tahu?

Ngāi Tahu are a resilient, entrepreneurial people who made our home in Te Waipounamu (South Island) over 800 years ago. Our ancestors were the first long distance seafarers, riding the ocean currents and navigating by stars on voyaging waka (canoes) from Hawaiki Nui.

Does Ngai Tahu pay taxes?

Ngāi Tahu is exempt from income tax because the sole shareholder for all its businesses is a registered charity. Many New Zealanders may be unaware the maker of their favourite breakfast cereal is owned by a church. … But because it is a church, Sanitarium have never paid income tax.

What is the largest iwi in New Zealand?

Stats NZ has a new website. More than 125,000 people say they belong to Ngāpuhi, making it the country’s biggest iwi, according to the latest census information released by Statistics New Zealand today. In contrast, 12 iwi have populations that are under 500.

What is the difference between iwi and hapu?

The largest political grouping in pre-European Māori society was the iwi (tribe). This usually consisted of several related hapū (clans or descent groups). The hapū of an iwi might sometimes fight each other, but would unite to defend tribal territory against other tribes.

What iwi is Rotorua?

Te ArawaTe Arawa, first inhabitants of the Rotorua region, is one such iwi.

How much is Tainui worth?

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.

Where did Ngai Tahu come from?

Tribal origins Ngāi Tahu trace their tribal identity back to Paikea, who lived in the Polynesian homeland of Hawaiki. To escape being killed at sea by his brother, he came to New Zealand on the back of a whale. Ngāi Tahu share this ancestor with the Ngāti Porou people.

In what year and for how much did the Crown pay to acquire the Ōtākou block of land from Ngāi Tahu?

Settlement, 1998 In 1998, after nearly 150 years, Ngāi Tahu completed their efforts to have the Crown address their grievances. They signed a Deed of Settlement that provided compensation valued at $170 million.