Tag Archives: Seafood

Ngai Tahu featured in Wall Street Journal (12.3.14)

### ODT Online Mon, 17 Mar 2014
Ngai Tahu’s financial acumen praised
By Hamish McNeilly
The economic foresight of Ngai Tahu has won the praise of the influential Wall St Journal. The article, published last week, noted the iwi had gone from being ”impoverished, virtually landless” to one of New Zealand’s wealthiest tribes with group assets totalling $1.03 billion. Following the $170 million treaty settlement the iwi took part in a series of ”astute investments”, enabling it to restore marae and support health and education programmes for its 50,000 members.
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Source:
New Zealand Tribe’s Bet Transforms Its Fortunes: The Ngāi Tahu See Their Investments Pay Off
Original article published by The Wall Street Journal; March 12, 2014
online.wsj.com – this is a paysite. You can read the whole article by Lucy Cramer of WSJ for free at USNZcouncil.org

“If you look at 15 years since settlement, this entity has done really well,” said Trevor Burt, a former executive board member of German chemicals giant Linde Group who the tribe tapped four years ago to run its investment arm. Over the past four years, the fund’s average total annual return, based on comprehensive income, was 14 per cent, beating the average 12.9 per cent annual return by the benchmark share index. –Lucy Craymer, WSJ
New Zealand tribe’s bet transforms its fortunes – posted by david at the United States New Zealand Council blogsite
March 12, 2014 Link

While you squabble, Ngai Tahu is worth more than a billion dollars, is making hundreds of millions of dollars in well placed investments, and is even outperforming well known philanthropic funds like the ones owned by Yale and Harvard. –Cameron Slater, Whale Oil Beef Hooked
Wall Street Journal praises tribe: Are you watching up north?
March 13, 2014 at 5:30pm Link

Twitter accounts:
Ngai Tahu @NgaiTahu
Wall Street Journal @WSJ

Posted by Elizabeth Kerr

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Filed under Business, Economics, Geography, Heritage, Innovation, Inspiration, Media, Name, New Zealand, People, Politics, Project management, Property, Tourism

Dunedin: Artificial islands for upper harbour?

“Basically, Port Otago has no objections to the concept provided that there is widespread community support for it.”

### ODT Online Mon, 9 Jan 2012
Growing support for Harbour Islands plan
By John Lewis
A necklace of islands mooted for the upper harbour, using 7.2 million cubic metres of spoil dredged from lower Otago Harbour, is gaining traction. The Harbour Islands project was first floated last year during consent hearings of Port Otago’s application to deepen the harbour. Harbour Restoration Group member Peter Hayden said there was common consensus development was vital to the port’s future economic prosperity.
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Posted by Elizabeth Kerr

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Filed under Construction, DCC, Design, Economics, Geography, Innovation, Inspiration, ORC, People, Politics, Project management, Site, Town planning, Urban design