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Ngāti Ruanui

Iwi Organisation

South Taranaki iwi. Treaty settlement in 2003.

Total Assets
$77.9M
Revenue
$16.3M
Officers
15
Subsidiaries
3

Iwi Details

Rohe (Region)
South Taranaki
Registered Members
12,000
Auditor
PricewaterhouseCoopers
Audit Opinion
Unmodified

Treaty Settlement

Settlement information not yet available for this iwi.

Distributions to Beneficiaries

$453K
Marae
$385K

Distributions to whānau including marae grants ($384,915), kaumatua/kaunihera grants ($16,775), cultural grants ($27,660), and sport code grants ($23,680). Education grants awarded: 181 in 2023-24. Housing strategy includes 4 kaumātua dwellings being built in 'Awera and pre-sell financial literacy programmes for Patea housing development planned for 2025.

Current Officers

15
View all →

+ 3 more officers

Service Providers

Auditor(1)
PwC
2024
Bankers(1)
ASB

primary banker

2024
Legal Advisors(1)
Govett Quilliam
2024
Investment Managers(2)
New Zealand Asset Management
2024
NZX Wealth Technologies Limited
2024
Valuers(1)
Donal Boyle
2024
Other(1)
Iwi Collective Partnership (ICP)

manages fish quota and crayfish investments on behalf of iwi members

2024

Strategic Priorities

17
1Building resilient and agile generations
2Ngāti Ruanui Mo'oao-Nui strategic direction
3Develop sustainable Ngati Ruanui economy
4Provide 3% dividend of net assets to meet current generation needs
5Grow assets by at least inflation rate to meet future generations' aspirations
6Expand health and whānau ora services
7Implement housing strategy with kaumātua dwellings and social housing
8Support local businesses and economy development
9Protect and enhance rights and interests in marine and natural resources
10Oppose seabed mining

+ 7 more priorities

Key Risks

9
Anti-Māori government policies and legislation
Seabed mining application and fast-track consenting processes
Volatility in investment markets and lower expected returns
Rising interest rates impacting property valuations
Global economic uncertainty and geopolitical risks
Health system restructuring and contract negotiations
Difficulty recruiting and retaining senior clinical staff
Cost-of-living pressures affecting whānau

+ 1 more risks identified