Hauraki Landcorp farm now Maori owned

ELTON SMALLMAN
Last updated 12:26 26/11/2013

Relevant offers

Dairy

Owl Farm finishes season up one per cent on milk production Minimising rain inflows into ponds critical over wet winter months Dairy farm sales rise 20 per cent from a year ago Otago Regional Council's u-turn over use of 'Gypsy Day' Richard Morrison knows he has big boots to fill as new Manawatu/Rangitikei Feds president US testing begins on genetically modified ryegrass developed in NZ Children being bullied because their parents are dairy farmers - DairyNZ Celebrate payout lift but farmers warned to keep control of spending Horowhenua politician, farmer and community man greatly missed Farming family marks 154 years

Hauraki Maori have bought the largest dairy operation on the Hauraki Plains after the Crown agreed to pay $53 million up front from their Treaty claim.

The advance payment allowed five of the 12 iwi from the Hauraki Collective to buy the Pouarua dairy farm from the state-owned company Landcorp.

Ngati Maru, Ngati Paoa, Ngati Tamatera, Ngati Tara Tokanui and Te Patukirikiri settled the deal last week from the largest on-account Treaty payment made by the Crown.

The cost of the farm will be deducted from an overall financial redress amount of up to $100 million which was expected to be completed next year. The dairy operation runs a 5000-cow herd spread over eight farms near Ngatea. Hauraki Collective chairman Paul Majurey said the purchase would bring big returns for the five iwi.

"It allows us to exercise kaitiakitanga over our natural resources, ensuring they are managed sustainably for future generations."

Discussions with council over partnership arrangements to improve the quality of the region's waterways have begun.

The farm will continue to be managed by Landcorp on a sharemilking basis for the next five seasons and a new board, chaired by former Cabinet minister and dairy farmer John Luxton, has been appointed.

Farmer Rick Braddock and Hauraki iwi members Majurey and John McEnteer have also been appointed to the board.

Mr Luxton said the Pouarua Complex was a large-scale commercial asset generating healthy revenues for further investment.

"This is a significant asset," he said. "Our role will be to manage its continued growth and development, but in a balanced way which recognises the five iwis' aspirations around kaitiakitanga of this resource."

Ad Feedback

- Waikato Times

Comments

Special offers

Featured Promotions

Sponsored Content