Direction 2: Promote Māori success, innovation and enterprise
Ara 2: Whakatuara i te angitūtanga, auahatanga me te hinonga Māori
We aim to advance and support
Māori business and
iwi organisations, ensuring they are significant drivers of Auckland's economy. Doing so will result in prosperity and opportunity for all.
Innovation and enterprise are two key elements of Māori success and have been a hallmark of Māori development since Māori first arrived in
Aotearoa.
Marginalisation of Māori and large land losses have had substantial effects on Māori economic progress over the past 170 years. However, Treaty settlements and strategic iwi investments now contribute to an increasingly strong economic base.
Hapū and iwi are enduring and perpetual, and have an intergenerational approach to investment outcomes. Their enterprises and activities will advance Māori wellbeing through economic development. This will also benefit Auckland's economy.
The Māori economy in
Tāmaki Makaurau is growing and thriving, but it is also complex.
Source: Te Ōhanga Māori I Tāmaki Makaurau - Auckland's Māori Economy (Berl, 2020).
Māori enterprises range from those formed to grow profit from collectively owned resources to others focused on cultural expression, language and social enterprise.
Their business drivers are not purely based on profit, so may see lower profit margins when compared to other businesses. This limits their resources and options to adapt to climate change as we shift to a low-carbon economy.
Greater collaboration between Māori organisations and the private sector can drive better outcomes. This will benefit Māori, Tāmaki Makaurau and Aotearoa New Zealand.
The development and growth of rangatahi to drive and contribute to Māori innovation and enterprise is essential for a successful future. Rangatahi leadership, education and employment are therefore key focuses for achieving Māori success and innovation through enterprise.
Rangatahi are embracing the self-employment opportunities that the digital space has opened up, working wherever and however they choose. This challenges traditional employment expectations in positive ways.
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