RNZ sells land back to Ngāti Toa

Helmut Modlik Chief Executive Officer at Te Rūnanga o Toa Rangatira Incorporated
Photo: RNZ / Mark Papalii

The Māori economy now has an asset base of $126 billion and is expected to play an ever increasing role in New Zealand’s financial future.

The latest figures from the Ministry of Business, Innovation and Employment show the contribution to the wider New Zealand economy nearly doubled in the five years to 2023 to hit $32 billion.

But where will that financial impact be felt ?

Helmut Modlik is the Chief Executive of the iwi authority for Ngāti Toa Rangatira.