Waikato-Tainui are a significant contributor to the region through participation in the workforce, contribution to GDP and ownership of assets.
Our Whakatupuranga 2050 goals are:
Annual cash distribution grows at the rate of inflation
Total debt to total assets les than 20%
Tribal Member Wealth / Te Whai Rawa o Ngaa Mema o Te Iwi
100% of tribal members have positive net worth with 48% of those with net worth exceeding $100,000. 100% of tribal members have short term and long term savings (save 10% of their weekly disposable income and invest 6% to a retirement scheme).
He tau toorunga te uara more o ngaa rawa a ngaa mema katoa o te iwi, aa, e nui ake ana i te $100,000 te uara more o ngaa rawa a te 48% o eeraa taangata. Kua whai moni whakaputu moo te waa poto, moo te waa roa hoki ngaa mema katoa o te iwi (e penapena ana i te 10% o aa raatou moni whiwhi e waatea ana hei whakapau i ia wiki, aa, ka tukuna teetehi 6% ki teetehi putunga whakataa puumau)
Our Ruakura Development will help build long-term wealth for our iwi, create jobs and housing opportunities for iwi members and benefit the economy of the whole rohe by helping businesses get their exports and imports to and from global markets.
We’re on track to achieving our goal of increasing the annual dividend to our Marae to at last $30m per year by 2021 as we continue to move towards more cash-generating investments under the umbrella of the diversification strategy. This ensures we can continue to drive tribal wealth for this generation and the next.
Currently, our commercial arm Tainui Group Holdings owns and manages three hotels on behalf of Waikato-Tainui – Novotel Auckland Airport, Novotel Hamilton Tainui, and the Ibis Hamilton Tainui. We’ve also secured agreement with Auckland International Airport to develop a new 5-star hotel to meet growing demand for quality accommodation at Auckland Airport.
Our commercial investments portfolio also includes a third share in Go Bus, being a co-owner of Waikato Milking Systems with Ngāi Tahu and Pioneer Capital, our joint venture with David Lugton and Malcolm McDonald for the Rotokauri residential development, and owner and operator of a number of farms throughout our rohe.