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Information on this site is drawn from publicly available disclosures and is presented for transparency of governance and institutional accountability.

Data sourced from Te Puni Kokiri, Office of Treaty Settlements, and iwi annual reports. Information may contain errors. See Data Sources for details.

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OverviewGovernanceBoard ChangesFinancialsAuditorsAssetsSubsidiariesService ProvidersDistributionsSustainabilityRisks

Ngāti Whakaue

Iwi Organisation

View on CharityData

Rotorua iwi. Part of Te Arawa confederation. CNI Forests settlement participant.

Total Assets
$88.6M
Revenue
$6.7M
Officers
9
Subsidiaries
4

Iwi Details

Rohe (Region)
Rotorua
Auditor
BDO Rotorua Limited
Audit Opinion
Unmodified

Treaty Settlement

Settlement information not yet available for this iwi.

Distributions to Beneficiaries

$305K
Marae
$38K
Health
$21K

Grants committee allocated funding to health ($20,764), marae support ($38,000 to five key marae), tangihanga/funeral assistance ($7,200), and discretionary grants ($20,965). Shareholders also received dividend of 20 cents per share ($304,653) paid from capital reserves. Additional grants provided for education, housing and general community support.

Current Officers

9
View all →
M
Moerangi Vercoe
Associate Director
M
Mereana Corbett
Associate Director
D
David Thomas
Chair
T
Tanira Kingi
Trustee
D
David Tapsell
Trustee

Service Providers

Auditor(1)
BDO Rotorua Limited
2024
Bankers(1)
Westpac

primary banker, term loan facility

2024

Strategic Priorities

7
1Completion of Manawa Gardens affordable rental housing development (80 homes)
2Wharenui Rise residential property development expansion
3Improvement of on-farm activities and productivity
4Implementation of new systems and meeting production targets
5Land development for cashflow (eastern and northern gateways)
6Solar Farm Project development
7Tourism and commercial development opportunities

Key Risks

7
Volatility in red meat market prices
Weather impacts on farming (droughts, cyclones)
Inflationary pressures on farm costs
Slow residential property sales due to cost-of-living crisis and lending thresholds

Governance

Board members and structure

Financials

Revenue, assets, and performance

Assets

Property, investments, subsidiaries

M
Matthew Heke
Trustee
H
Hariata Ngatai
Trustee
G
Geoffrey Rolleston
Trustee
T
Tamarapa Lloyd
Trustee
Legal Advisors
(1)
Morrison Kent
2024
Valuers(3)
Kendall Russ, Telfer Young Limited
2024
Shane Perret, Prime Forest Management Ltd
2024
Wiremu Cottrell, AGL Livestock Ltd
2024
Consultants(3)
GHA

financial services / accountancy

2024
Perrin Ag

farming technical support

2024
Prime Forestry Management

forestry management

2024
Land use changes affecting farm operations
Manawa Gardens development - achieving quality standards, construction timelines and budgets
Cash flow management despite asset growth