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Te Arawa Lakes Trust
Iwi Organisation
Rotorua lakes iwi confederation. Treaty settlement in 2006. Manages 14 Te Arawa lakes.
Total Assets
$102.4M
Revenue
$20.5M
Officers
10
Subsidiaries
11
Iwi Details
- Rohe (Region)
- Rotorua, Bay of Plenty
- Registered Members
- 23,484
- Auditor
- Cookson Forbes & Associates
- Audit Opinion
- Unmodified
Treaty Settlement
Settlement information not yet available for this iwi.
Current Officers
10W
Wallace Haumaha
Chair
T
Te Ururoa Flavell
Deputy Chair
K
Karen Vercoe
Trustee
K
Kereama Wright
Trustee
N
Nuki Nicholson
Trustee
M
Mariana Te Rangi
Trustee
A
Annette Sykes
Trustee
R
Rangitihi Pene
Trustee
A
Arapeta Tahana
Trustee
N
Nicki Douglas
Trustee
Service Providers
Auditor(1)
Cookson Forbes
2025Bankers(2)
ASB
2025Asset finance loans
Westpac
2025Primary term loan facility $18M
Legal Advisors(2)
Annette Sykes
2025Matthew Smith
2025Investment Managers(2)
Kowhai Private Equity
2025Milford
2025Valuers(3)
Aero Consult Limited
2025Preston Rowe Paterson Limited
2025Preston Rowe Paterson Tauranga Limited
2025Consultants(1)
Pivot Hort
2025Orchard management
Partners & Stakeholders(4)
Bay of Plenty Regional Council
2025Co-management of lakes
Montana Foods
2025Joint venture partner for Maketū brand
Rotorua Lakes Council
2025Co-management of lakes
Toi Ohomai
2025Partnership for staff relocation and Board Room facility
Strategic Priorities
91Strengthen financial sustainability and stability of the Trust and TAML
2Protect, enhance and sustain social, cultural and economic wellbeing of Te Arawa
3Defend water rights and mana of Te Arawa lakes through settlement implementation and litigation
4Develop fit-for-purpose governance structure reflecting iwi aspirations
5Co-manage lakes through Rotorua Te Arawa Lakes Strategy Group (RTALSG)
6Implement Te Tūāpapa o Ngā Wai o Te Arawa framework for water management
7Reduce debt and improve asset portfolio performance
8Deliver robust commercial returns through TAML
9Support cultural wellbeing and mātauranga Māori transmission
Key Risks
9Sustained financial pressure and high debt levels impacting going concern
Settlement limitations not providing sufficient resources to manage 14 lakes
Crown policy changes threatening water rights and lake health
Need to defend settlement rights through litigation
Asset portfolio underperformance and ongoing need for asset sales
Governance structure limitations not meeting iwi needs
Limited government funding for only 4 of 14 lakes under settlement
Competition for resources and staff retention
+ 1 more risks identified