Taranaki Iwi Annual Report 2024

2023 - 2024

Our Whenu

Whenu are woven strands that provide strength and structure, we have used five whenu that capture our uri aspirations.

Taranakitanga

Whiria te muka

The muka strands are strong woven together.

‘Te

more i Hāwaiki, te tupu rau matomato’

- the tap root of Hāwaiki, the promise of new growth.

Strategic Goal

To strengthen our Taranaki iwi cultural identity and bring us together as whānau.

Taiao

Uwhia te huhi

Speaks to the importance of water and our wetlands that give us life and sustain our environment and biodiversity.

‘He whakaipurangi mounga, he puna e kore

e mimiti’

- a lofty mountain source is a perpetual spring.

Strategic Goal

To protect the wellbeing of our taiao, our mounga, awa, moana and whenua.

Whanake mai ai

Puia ki te hauangi

Speaks to the distribution of seeds and favourable conditions for growth and development.

‘He pua whakakōkō, he kōrari whakahorapa’

- an inviting flower, a prosperous seed.

Strategic Goal

To support our whānau, Marae/Pā, Hapū, and uri to reach their potential.

Our Values

Taketake Tangata

Takea ki te pūtake

Our mounga provides the foundation of authority to stand and represent.

‘He taketake mounga, he taketake tangata’

- bedrock supports the highest summit, the basis for our success.

Strategic Goal

To ensure and enable the voice of influence and advocacy for Taranaki iwi and our Marae/Pā, Hapu and uri.

Kia rongomau

To act with humility, respect and empathy

Kia manawanui

To be courageous and determined

Kia aroha ki te tangata

That we care for and manaaki our perople and environment

Kia tika, kia pono

To act with honesty and integrity

Kawe Whakahaere

Rurungia ki te pā whakaruru

Providing shelter from the elements for protection and growth.

‘He ruru tūpuhi, he ruru kōpaka’

- sanctuary from the storms, protection from the cold.

Strategic Goal

Providing the shelter and environment to protect and grow the capacity and capability to implement our iwi aspirations.

Mihi Whakawai

Tahia te papa o te whare

He whare kauawhiawhi, he whare haurangirangi

Tikina ngā rakau o te whare

E me kore piri mai

E me kore tata mai

E me kore maimai aroha mai

Ka eke, ka eke ki tū whenua hai!

Whakaarahia ngā pou kopa, ngā pou amo, ngā pou pakitara, ngā pou roto me te tāhūhū o te whare tūranga kōrero o Taranaki.

Whakapiritia ngā heke, ngā kaho, ngā rau, ngā aturapa me ngā taotao o te whare tūranga kōrero o Taranaki, hei whare punanga kōrero, hei whare wānanga, hei whare whakaruruhau i ngā mātauranga i takea mai i a nunui mā, i a roroa mā!

Huia mai hō tātou mate, me uta atu ki te waka Hurumanu, ko te waka tēnā nana i heuheu te pō. E piki koutou i te ara o Rupe kia hopu ake koutou i ngā turuki, i ngā kakapa, ngā hunga rere o te rangi, kia rere ki te uru, ki te tonga, ki te taketake roa i Hawaiki. Mā atu koutou i te ara ka rere kore ki muri.

Hoki mai rā ki a tātou ngā uri e takatū tonu nei i te mata o te whenua, tēnā tātou! Tēnā hoki tātou ngā pou, ngā heke, ngā kaho me ngā taotao o tō tātou whare e tū nei e hai.

me tōngai harakeke

Our collective Taranaki Iwi strength is like the harakeke weave resilient, versatile and dynamic inspiring success and intergenerational growth.

Chair Report

Jacqui King

I am proud to present the Chair’s Report for Te Kāhui o Taranaki Board of Trustees for the financial year ending 30 June 2024. Our iwi priorities set down for us by our whānau – our Whenu – best describe the aspirations we have been tasked with advancing for our Iwi. This report captures the challenges and developments we have experienced this year in pursuit of those aims.

This year has developed into a time of significant challenge for our Iwi / Māori communities. As we navigate through an onslaught of regressive and discriminatory legislative policy changes, we find ourselves fighting not just for our rights but for the partnership gains we have achieved over decades of advocacy.

The coalition government’s shifts in key areas – Treaty rights, language preservation, justice, health, social and housing policy, environmental protection, education, and tamariki welfare – are not mere regressive changes: they are a direct assault on our way of life. These actions deepen the inequities and injustices that our people have long struggled against.

Yet, amidst these trials, our commitment to improving the lives of our whānau remains unwavering. Te Kāhui o Taranaki has mobilised our resources to stand up against this systematic attack on Māoridom.

Even as we fight for our tino rangatiratanga and mana motuhake, we must also find the strength to celebrate our victories and recognise the progress we have made as Hapū and whānau. In times of siege, planting seeds for future success becomes even more crucial. I am immensely proud of how our Iwi has embraced our five Whenu – the principles and values guiding our actions. These strategies have not only fortified our foundation but also empowered us to serve our whānau, our Marae/Pā and Hapū, and our entire Iwi community more effectively.

Over the past year, we have undertaken a range of initiatives aimed at promoting the cultural, social, environmental and economic wellbeing of our people. We have stepped up our advocacy and our focus on preserving our reo and rich heritage, caring for te taiao, fostering educational opportunities, investing in Marae/ Pā and Hapū, and supporting sustainable development, including in housing. We have been rewarded with an increase in the participation and engagement of and with our people, reflecting a renewed sense of unity and purpose within our Iwi.

Taranakitanga

Whiria te muka

Our efforts in recent years to strengthen connection, participation and engagement with uri is coming to fruition. Our reo programme again enjoyed a record number of enrolments. Enrolments have lifted every year as growing numbers of uri take the step to connect with their reo. We are engaged with our Marae/Pā and working on improvements in that space. Our kaumātua rōpū Te Kāhui Pāhake was established last year and grows in numbers with every hui. It is heartening to see a revival of connections with and between our pāhake.

We continue to re-establish our presence in our rohe. As an example, our recent purchase of the TSB bank building in Ōpunakē, using it as a hub for our kaimahi and whānau and providing hot desks, work and hui spaces, while retaining the ATM service – all important facilities for whānau.

Our annual Rā Tiripoua event was a resounding success, drawing an amazing turnout with more than 500 uri registering to come together as Iwi to acknowledge the signing of our treaty settlement. Taranaki Iwi also turned out in numbers to proudly represent our Iwi at the 8th biannual Taranaki Tū Mai Festival last year, hosted by Ngāti Tama of Tokomaru waka. The three-day event saw the eight iwi of Taranaki – Ngā Rauru, Ngāti Ruanui, Ngāruahine, Te Āti Awa, Ngāti Maru, Ngāti Mutunga, Ngāti Tama and Taranaki Iwi – competing in 14 sporting events, debates and kapahaka. The next festival is in 2025 and will be hosted by Taranaki Iwi.

Wāhia e koe te haku o te rangi

Ka papā, ka ua, ka mao

Tuhia mai te tuhi o te rangi

Tēnei ka noho i a tio, i a huka, i a haupapa

Ka pupuke te mahara, ka tangi

Tuhia mai te tuhi o te

pō ki te whatumanawa

Ko hea rā, ko hea rā taku puna roimata e maringi hua nei

Ko Te Ahukawakawa, pupū mai ai te wai hūhi a Rāhirimihia

Ki te au o te wai, reporepo kau ana te whenua ki te tai o aroha, auē, auē, auē hā!

He aurere hāwareware, he pūrei kohu i taku reo, ki ngā wai whakapuke o Waikato

Kei te tuarongo o te whare o Pōtatau, e te Kīngi nui, Kīngi o te kotahitanga.

Okioki atu rā, e taku Kīngi, Kīngi Tuheitia

Pōtatau Te Wherowhero te Tuawhitu!

Images:

Left: (L-R) Hoengārangi Signer (8), Rongomaiwahine Peckham (7) and Te Reremanawa Raven (8) - Taranaki Tū Mai, 24-26 November 2023.

Uwhia te huhi

Taiao mahi has been significant over the past year, with a range of initiatives underway to continue to be active advocates for our environment within our rohe.

A key area has been the continued safeguarding of our Takutai, which remains steadfast. We have sought an extension of the current two-year legal rāhui (temporary closure) on shellfish harvesting due to critical imbalances in our coastal ecosystems, which have occurred due to the overharvesting of our mātaitai. This further two-year extension is crucial for the recovery of our shellfish, particularly pāua, which take years to mature.

The priority now moves to undertaking the work with each Hapū and Marae/Pā to develop long-term protection measures that honour our traditional practices and modern sustainability goals.

We are conscious of the sacrifice our whānau are making to protect our Takutai. Working collectively will give us the best chance of re-opening our pūkawa with the necessary protection measures to ensure the resource is not compromised for our current and future generations.

Whanake mai ai

Puia ki te hauangi

It has been hugely rewarding and exciting to follow the progress achieved within this strategic priority. As the founders of Ka Uruora (in partnership with Te Kotahitanga o Te Atiawa), we are proud of the work our team are doing in this critical space to support us in the advancement of our social impact aspirations to deliver affordable housing for Taranaki Iwi. Our very first new builds were completed in Ōkato, with two three-bedroom houses on Old South Road now offering affordable rental solutions for whānau. In July, we opened our six-house development in Ōpunakē, which offers affordable threebedroom houses in Tennyson Street to whānau. And, as you will read elsewhere in this Annual Report, we are working closely with our Ngā Mahanga Hapū on our most ambitious housing development to date – our 22-house development in Ōkato, which is progressing well.

The work to develop Marae/Pā and Hapū capacity and capability continues to focus on providing resources for whānau. It has been pleasing this year to see the first Marae/Pā administration grants taken up. These $15,000 annual grants have been established to assist all Marae/ Pā, over and above the $60,000 distribution allocated annually. Our E Tū Hapū Grants programme was opened last year, and we look forward to whānau taking up this opportunity soon.

Alongside all these exciting developments, our educational grants have continued to be subscribed to well, with additional funds being added to continue this important investment into our whānau.

Taiao

Images from left:

Todd Rangi - Rahotū.

New builds on Tennyson Street, Ōpunakē.

Taketake Tangata

Takea ki te pūtake

As a kinship organisation, we hold an ever-more critical role in today’s political landscape by representing and advocating for Taranaki Iwi and Te Ao Māori.

In the past year, in the face of rising political rhetoric that undermines Te Tiriti, cultural identity and Te Ao Māori wellbeing, we are standing firm against the racist political oratory. Our collaboration with other Iwi / Māori is vital to defending our rights and fostering Māori development and self-sufficiency.

These efforts include active collaboration with ngā iwi o te motu (Kotahitanga movement), National Iwi Chairs and Ngā Iwi o Taranaki Iwi Chairs forums, who are collectively focused on creating opportunities for Māori development and self-sufficiency and standing as a redoubt against efforts to erode Māori rights.

You will read more about this important mahi on page 43 of this Annual Report.

“During the past 18 months, we have worked alongside a facilitator to identify and set criteria on investing for impact.”

Jacqui King

Image: Te Pire Whakatupua mō Te Kāhui Tupua/Taranaki Maunga

Collective Redress Bill - First reading.

Image courtesy of Tania Niwa Photography.

Kawe Whakahaere Rurungia ki

te pā whakaruru

Our organisational structures are evolving to support our strategic goals. We are engaging in impact investment planning, which is a commitment to developing organisational capability. During the past 18 months, we have worked alongside a facilitator to identify and set criteria on investing for impact. Whether in social or commercial investment, this type of planning aims to set in place a framework that prioritises strategic investment and ensures our programmes and activities are informed and supported by research and data. In this way, we will be enabled to support uri during each life stage, aligning programmes and activities where and when impact is needed most.

This early impact investment work will be finalised following a series of strategic planning workshops with whānau, which will be held around the motu. These workshops mark the advancements of five years of working under our five Whenu, or strategic objectives. They are now due for review, and we will begin that process in September 2024 with hui ā-iwi held firstly at home, then across the motu, following the same process used to develop our Whenu strategy five years ago.

The hui will share some of the impact investment work with whānau and gain your views and insights to shape our long-term aspirations for the future. Our five strategic Whenu established a strong strategic foundation; now it is time to broaden our thinking to set aspirations for longer-term 25-year, 50-year and 100year timeframes and beyond.

Images from top:

AGM Pūniho Pā, 14 October 2023. Betty Jones and Te Ingo Ngaia.

Tapiukura Young and Tapakione Skinner.

Net Surplus after Tax

$3.3m

(FY23 $2.4m)

(FY23 $1.0m)

Financial Highlights

Financially, Te Kāhui o Taranaki has maintained a strong and resilient position in what has been a challenging economic environment. Prudent management and strategic investments have ensured that we continue to grow the asset base, and I am pleased to again report a strong financial performance for the past year.

A net surplus after tax of $3.3m (FY23 $2.4m) has been posted for the 2024 year. This is made up of $111k (FY23 $1.0m) in cash operating profit and $3.2m (FY23 $1.4m) in non-cash capital gains. Total equity is $129.4m (FY23 $126.1m), an increase of $3.3m or 2.6% on the previous year.

Looking Ahead

Alongside our annual performance of whenu based mahi, we have a range of exciting and important reviews planned.

First up is the finalisation of our Impact Investment work and our Strategic Review. Next will be a roll-out of a series of wānanga focused on our shared whakapapa and common iwi tupuna. This mahi will be an opportunity for us to come together as whānau to understand our shared history and uniqueness as Taranaki Iwi. Other reviews will see us reach out to whānau to review our Taiao, Taiora (Iwi Environmental Plan) as well as streamlining our registration process. While we have a lot planned for the year ahead, our team is excited to be focused on mahi that will continue to work with our whānau to advance their aspirations.

In closing

(FY23 $126.1m)

To our hard-working Board members, I extend my thanks for your commitment and tautoko over the past year. In particular, I acknowledge Sharleen Maoate-Davis, who retired at the last election, and Hayden Wano, who was elected to the Board alongside re-elected members Jamie Tuuta and myself. My gratitude goes out to our kaimahi whānau, led by our Tumu Whakarito Wharehoka Wano, and all those who have supported us over the year.

We will face ongoing challenges with this current government, so I implore each of us to draw on our legacy of resistance and resilience. Together, we will face these challenges, create our own opportunities and continue to advance the wellbeing of our Iwi.

Let us remain united and determined, celebrating our achievements, defending our rights, and planting seeds for future success. Our shared vision and collective action will ensure that our legacy endures for generations to come.

The greatest tactic we can utilise right now is our collective strength. Stand together, e te whānau –engage, participate, and contribute to our shared journey. The strength of our Iwi lies in our unity and our relentless and tenacious pursuit of a brighter future for all.

Me tōngai harakeke e te whānau.

Board of Trustees

Hayden Wano Trustee

Aroaro Tamati Deputy Chair

Jacqui King Chair

Daniel Harrison Trustee

Miaana Patene Trustee

Leanne Horo Trustee

Jamie Tuuta Trustee

Organisational Structure

Chief Executive Report

Wharehoka Wano

It is a pleasure once again to present my report as Tumu Whakarito for the year ended 30 June 2024. While it has been a challenging and politically charged year for iwi Māori on a national scale, we have continued to push forward at home.

A New Whare

One of the year’s highlights has been joining Te Atiawa in their newly redeveloped flagship building Ngāmotu House. In June, our administration team – including our engagement team, Te Taiao lead and senior management – moved into this stunning space, sharing the fourth floor with Ngā Iwi o Taranaki.

With Te Kotahitanga o Te Atiawa and He Toronga Pakihi ki Taranaki in the same building, Ngāmotu House has become a busy and productive hub where we connect with uri and other tribal and Māori organisations.

The move has given Te Kāhui o Taranaki a hub in the heart of Ngāmotu that reflects, inside and out, a positive Māori presence. The external façade of Ngāmotu House has become a strong cultural symbol, and represents the parawai mā of Taranaki Maunga, wrapping around the building as a symbol of collectivism, protection and support.

On the fourth floor, our main meeting rooms have been named after our tongi – our tribal boundaries and key locations. Ōnukutaipari references our northern

boundary between Taranaki Iwi and Te Atiawa; Te Whakangerengere and Te Tahuna o Tūtawa honour our markers around and on the maunga; the main boardroom is Rāwa o Turi, named for the southern boundary connecting us to Ngāruahine iwi and Aotea waka.

In Ōpunakē, we purchased the former TSB bank to develop as an Iwi space. Centrally located and on the main road, the whare has been refurbished and named Te Whare Kotahi, providing a place for uri to hui and engage in iwi activities.

Along with our Whare Taiao headquarters in Pungarehu, our new bases in Ngāmotu and Ōpunakē solidify the footprint and presence of Taranaki Iwi across our rohe.

Image:

Taranaki uri being welcomed by Ngāti Te WhitiNgāmotu House opening, 4 May 2024.

Te Kāhui Pāhake

It has been a longstanding ambition to engage our pāhake more fully in iwi activities, and therefore particularly rewarding to see Te Kāhui Pāhake established and active in all our iwi spaces. We have been glad of strong pāhake support as we have travelled the motu to hui at Tūrangawaewae, Rātana Pā, Waitangi and Ōmahu Marae in response to the call by Kīngi Tūheitia for kotahitanga, and to numerous other events.

Kaimahi

Late last year, we were delighted to appoint Hayden Patene as Pou Whakatoka, engagement manager. The appointment reflects the importance of the strategic whenu Taranakitanga. As a wider team, and after hearing uri aspirations for cultural development and support, we are continuing to commit significant focus and effort to strengthening identity, reo and culture.

It was also a pleasure to welcome new Board secretariat Nadia Phillips to the important role of supporting the governance and operations arms of our whānau (organisation).

Building On Our Progress

The level of progress we have achieved is pleasing, as each year delivers important incremental improvements. I am forever grateful for the work of our operational team. They have connected with whānau and are building a strong presence within our tribal boundaries.

Our Toa Taiao are a team of 17 now and are making significant inroads in monitoring our awa and coastal areas, and trapping pests. They wear their Taranaki Iwi apparel proudly, and are forging good relationships in historically difficult spaces, growing trust in our community.

“It has been a longstanding ambition to engage our pāhake more fully in iwi activities, and therefore particularly rewarding to see Te Kāhui Pāhake established and active in all our iwi spaces.”

Wharehoka Wano

Images from top: Te Ruangakau Ratahi and Jean Jost - Pāhake Hā Tī, Novotel Ngāmotu, 30 July 2023.

Nadia Phillips and Hayden Patene - Pōwhiri, Novotel Ngāmotu, 12 February 2024.

As an example, our interactions with the farming community have often been marked by tension because of the pressure the industry puts on our waterways. Our Toa Taiao are forming better relationships with farmers and improving community understanding of our taiao aspirations. I’m very proud of that.

Our engagement kaimahi are also active and effective, running an extensive programme reaching out to pāhake and taiohi, organising annual functions such as the Annual General Meeting and hui ā-iwi, and supporting events at Marae/Pā. And our administration team continues to provide the back-office support to enable our teams on the ground to do their mahi. My gratitude to these hard-working teams for their efforts to build connection for and with our people.

The Year Ahead

Te Matatini is a national experience that will be hosted in Taranaki for the first time in three decades. For ngā iwi o Taranaki, the event in February is an opportunity to manaaki our kapa haka community and our whanaunga from all over the motu. Te Kāhui o Taranaki is working closely with our wider tribal community and Te Kāhui Maunga (Taranaki and Whanganui) to prepare for this amazing occasion.

As big an event as Te Matatini will be, we also look forward to our own Taranaki Iwi events – Tiripoua in February and Taranaki Tū Mai, which we will host at the end of 2025. Planning and preparation is underway for both of these home-grown occasions which continue to grow as we cherish the space to be together, express ourselves and celebrate our identity as Taranaki Iwi.

On behalf of our kaimahi, thank you for your tautoko and manaakitanga.

Image:

Taranaki Iwi uri - Ngāmotu House opening, 4 May 2024.

Kaimahi

Back row (left to right):

Wharehoka Wano, Patricia Rangi, Mark Wipatene, Charmaine Power, Hayden Patene

Front row (left to right):

Casio Austin, Shaye Witehira, Marama Witehira, Tania Stokes, Nadia Phillips, Angie Walters.

Absent: Tina Taiaroa

Back row (left to right):

Carl Owen, Taipuni Ruakere, Ngawai Terry, Wiki Manu, Todd Rangi, Kelvin Kara

Middle row (left to right):

Tihikura Hohaia, Tipunakore Rangiwai, Mawene Bidois, Libby Taylor, Taiora Capper, Emily Roberts.

Front row (left to right):

Ariana Capper, Pounamu Skelton, Norissa Taia, Albie Tipene, Rihimona Ratahi, Tuhi-Ao Bailey

Absent: Timoti King, Lisa Ison, Jasmine Koroheke, Ed Korau

The muka strands are strong woven together

Rā Tiripoua 2024: A flagship event for Taranaki Iwi

Taranakitanga reigned supreme in Ōpunakē when hundreds of uri attended our annual celebration to mark the day in 2017 when Taranaki Iwi signed a Treaty of Waitangi settlement with the Crown.

The whānau-focused celebration on 17 February attracted 575 registrations, with more than 400 uri in attendance.

Pou Whakatoka Hayden Patene says it was heart warming to see uri turn out in numbers.

“It’s a flagship event for Taranaki Iwi and is a day for our people to unite on their ancestral lands,” he says.

“Taranakitanga, our cultural identity, is our superpower. It is our unique pathway to find and maintain balance in the world we find ourselves in today. It connects, grounds, inspires and builds resilience within us, which enables us to overcome adversity and fulfil our potential as individuals and as a collective.

“Matua tangata whenua, matua manawa whenua – our Taranakitanga is likened to that of a subterranean aqua spring; unlimited benefits and unlimited potential.”

Organised activities included beach volleyball, surfing lessons, a lawn game called Kubb and a hīkoi to the headlands. There were also separate zones for tamariki and pāhake and a very popular entertainment space where Taranaki Iwi kapa haka group Te Moungaroa performed, along with Te Ahi Kātoro.

One of the day’s highlights was a 90-minute hīkoi to visit old pā site Taumatakahawai. While at the site, uri talked about some of the area’s history and their aspirations for the future.

The name Tiripoua refers to embedding the mana of the kaupapa among the people and ensuring it is passed on from generation to generation, acknowledging the mamae of the past and the promise of the future. It is a celebration of history, a reiteration of values, and a recommitment to the shared journey.

Images: Tiripoua, Ōpunakē Beach, 17 February 2024.

Left: Miaana Patene, Maia Walden, Teihorangi Walden and Shannon Walden.

Below: Taranaki uri.

Te Kāhui Pāhake:

going from strength to strength

Te Kāhui Pāhake has become increasingly popular since it was established in November last year.

Between 50 to 60 people are now attending the bimonthly hui that officially started in February at Pūniho Pā. Te Kāhui Pāhake was also hosted at Toroānui Marae in April, Ōpunakē Bowling Club in May and Te Pōtaka Pā in July.

A pāhake aspirations list is being used to prioritise the needs of the rōpū and informs the agenda for each hui.

Some of the group’s aspirations included having a space to share knowledge, karakia, waiata, tikanga, fostering a political voice, attending key events and openings, and getting support with internet-related technology. They also wanted Marae visits.

“It is about creating space so our pāhake can socialise together. The magic flows from there: there is always a lot of laughter, reflections, storytelling and sharing of experiences they had growing up as tamariki,” Hayden says.

One of the opportunities that will be explored in the future is capturing pāhake kōrero, ensuring it is available for future generations.

The bimonthly hui, organised by the events and engagement team of Te Kāhui o Taranaki, are in addition to functions such as the annual pāhake kaitahi, which was held at Pihama Lavendar Farm in December last year.

Pāhake Christmas Function Lavender Farm, 8 December 2023.

Rawinia Capper, Gillian Bentley, Diane White and Peter Moeahu.

Mahara Okeroa and Katarina Hohaia.

Taranaki Pāhake enjoying the band.

Images from top:

Mounga Reo

In 2023, our 10-week online Mounga Reo classes supporting Taranaki Iwi reo Māori aspirations showed a strong local appetite for reclaiming and learning our language.

The course taught Taranaki Iwi kōrero and was full immersion across beginners to advanced levels.

From August to November last year, a total of 174 uri registered for the free Mounga Reo classes, with 113 people in Level 1 (basic/moderate te reo level) and 61 people in Level 2 (proficient/advanced). Ninety-five people who registered lived in Taranaki.

These registration numbers were significantly higher than 2022 registrations of 105 people, with 85 uri taking Level 1 classes.

Hayden says with only 57 percent of the 2023 Mounga Reo group demonstrating active attendance, more work is needed to ensure investment is met with open dialogue and commitment from attendees.

“The numbers show our people are hungry to learn our language, tikanga and kōrero tuku iho. However, reclamation of language and identity is not an easy journey and for many it is a life-long one,” he says.

“The

numbers show our people are hungry to learn our language, tikanga and kōrero tuku iho.”

Hayden Patene

Taranaki Tū Mai

2023

Taranaki Tū Mai had a record number of pre-event registrations for the eigth biennial festival that attracted more than 4000 participants.

The three-day event, hosted in November by Ngāti Tama, brought all eight Taranaki iwi together to celebrate whanaungatanga, kotahitanga, manaakitanga and inter-iwi rivalry.

Almost 700 Taranaki Iwi uri, including more than 240 under-18-year-olds, represented our Taranakitanga with pride, competing in a multitude of sports and activities such as debating and kapa haka throughout the weekend.

Last year’s event in Waitara completed the full iwi host rotation through all eight iwi. In 2025, Taranaki Iwi will be hosting at Ōpunakē.

The three-day event, hosted in November by Ngāti Tama, brought all eight Taranaki iwi together to celebrate whanaungatanga, kotahitanga, manaakitanga and inter-iwi rivalry.

Te Kōtuku King wearing this year’s winning design for our Taranaki Tū Mai Tee - Taranaki Tū Mai, 24-26 November 2023.

Taranaki Iwi haerenga ki te Hui Taumata, Ngāti KahungunguWharerangi Marae, Puketapu, 30 May 2024.

Images from left:

Te Ingo Ngaia and the Taranaki Iwi Waka Ama Team on the Waitara Awa - Taranaki Tū Mai, 24-26 November 2023.

Merchandise

Merchandise is one of the many ways we can connect with Taranaki Iwi uri either at events or through social media and our online store.

We continue to look for ways to connect with our Taiohi through clothing. This year, Marino Te Rata-Owen’s design won the Taranaki Tū Mai Tee competition. Each entry was required to have the following components:

• Taranaki iwi logo

• The words ‘Taranaki Tū Mai 2023’

Marino’s entry began as a project of passion rather than a competition entry. But, after consultation with Marino, we mutually agreed to get our design cadet Casio Austin to work on the design elements until we were happy with the right look.

The tāmoko on the front of the tee is a personal design of Marino’s that interprets her view of the Rahotū township which includes the little ‘bump’. We highlighted the tāmoko in gold on the tee which speaks to our Taranakitanga whenu with the remaining elements aesthetically placed on the tee in white.

We are proud of Marino’s efforts and grateful to Jai at Game Changer for turning the winning entry into a wardrobe piece we can all wear with pride.

Kotahitanga and what it means for Taranaki Iwi

A series of national kotahitanga hui that started with Kīngi Tūheitia’s call for unity in January has prompted our own discussions about what kotahitanga means for Taranaki Iwi.

Groups from Taranaki Iwi and Parihaka – up to 50 – attended the hui at Tūrangawaewae Marae (January), Rātana (January), Waitangi (February) and Ōmahu Marae (May).

The hui were to bring iwi Māori together to share dialogue and solutions in response to a current political and social environment that doesn’t prioritise Māori needs.

After the Ōmahu Marae hui, Te Kāhui o Taranaki invited those who had shown interest and leadership to our own hui taumata about Taranaki Iwi kotahitanga aspirations. These aspirations would be presented to the board of trustees.

Taranaki Iwi plans to send a group to the final national hui in the kotahitanga series at Tuahiwi Marae, Kaiapoi, hosted by Ngāi Tūāhuriri, on 22 October 2024.

Engagement

Kanohi-ki-te-kanohi (in person)

Hui ā-Tau - via Zoom and in-person (14 Oct 2023) - 129

Taranaki Tū Mai (24-26 November 2023)

Pāhake Christmas Dinner (8 Dec 2023) - 163 163

Tiripoua (17 February 2024)

Hui ā-Iwi (20 April 2024)

Rāhui Wānanga (25 June 2023) - 27

Taiao Wānanga

Tauranga Waka, Tauranga Ika Wānanga 2 Hui 15 Participants

Wānanga (via Zoom)

Reo (Aug to Nov 2023)

Aka Tū Whenua (Aug 2022 to Oct 2023)

Tātai Tangata ki te Whenua (Sep 2023 to Apr 2024) 12

Total 29 Sessions 332 Participants

Virtual Events (via Zoom)

Hui-ā-Tau AGM (Oct 2023) 23 attendees Hui-ā-Iwi (April 2024) 8 attendees

Kaimahi

Kaimahi Increase from 25 - 29

Top selling products for 2023/24

Adult Hoodie 1. 2. 3. 4. 5.

Mens Tee (black)

2023 Taranaki Tū Mai Tee

Jibbitz

Adult Sublimated Hoodie

New Operations Kaimahi Patricia Rangi – Kaituhono ā-Iwi

Shaye Witehira – Ngā Ringa Hāpai Whakatoka

Hayden Patene – Pou Whakatoka

Nadia Phillips – Board Secretariat

te huhi

Protecting the wellbeing of our taiao, our mounga, awa, moana and whenua.

Taiao

Uwhia

Waitukukiri water monitoring programme

A mounga ki te moana approach is being taken with a new water health monitoring programme of 12 awa that has the ultimate aim of understanding and improving water quality in our rohe.

The Waitukukiri water monitoring programme, led by Pou Whirinaki Carl Owen, started in November last year, with the Toa Taiao team’s wai-focused work programme re-established, focusing on consistency in data capture and upskilling our team in the appropriate monitoring methodologies.

Through the Waitukukiri programme, the team covers the Timaru, Kaihihi, Matanehunehu, Mangatete, Te Ikapārua, Kapoaiaia, Waitotoroa, Waitaha, Pungaereere, Oaoiti, Otahi and Waiaua awa.

Each of the 12 awa has three monitoring sites: upper, mid and lower. Since January this year, a total of 190 site visits have been made. Kaimahi collect data on stream health such as water clarity and nutrient levels. Ngāi poripori | macroinvertabrate surveys are also done, as an indicator of water quality and overall stream health.

Additionally, kaimahi aim to walk each awa from mounga to the moana over a number of days to assess the health of the awa and identify activities that may impact on its health.

Pou Taiao Ngāwai Terry is delighted with the progress.

“Carl has driven this and the team have done amazing work. When you look at our progress to date, I’m absolutely rapt,” she says.

“During the first phase of work, it was about reconnecting our Toa Taiao to the awa, which would see them identifying access and monitoring sites,

understanding who our neighbouring farmers are and creating a personal connection to the awa and the surrounding environment.”

Ngāwai says before Waitukukiri began, there was no water quality data on any awa between Ōakura and Ōpunakē, the central part of Taranaki Iwi rohe and a farming area. Land use is a key driver of water quality and river ecosystem health.

It will take about two years to establish baseline data from the awa, with particular attention paid during dairy farm milking season. This data will be used to plan water quality improvements.

“We need to create good relationships with our farming community to help guide and educate some on the impacts of farming operations on our wai,” Ngāwai says.

We need to create good relationships with our farming community to help guide and educate some on the impacts of farming operations on our wai

Images:

Left: Taranaki Iwi Kaimahi with Coastal Area School - Tataraimaka.

Right: Taranaki Iwi Kaimahi surveying the reef - Tataraimaka.

“One of our biggest hindrances is not having easy access to our awa. A lot of the farmers are not keen on us coming on to their property. Some of these farmers think we’re out to get them. But at the end of the day, it’s in all of our best interests to have healthy water. We have a lot of work to do.”

Waitukukiri will be a critical driver of the Taiao work programme. For example, it will influence the riparian planting programme, wānanga and hui with Marae/Pā and communities, and efforts to encourage tamariki, whānau and farming communities to think about how their relationship with streams and rivers can help improve water quality.

Piharau research

Adding to the overall picture of awa health is research by Tihikura Hohaia (Toa Taiao) that is being developed to understand piharau populations in local rivers.

Mahi currently includes catching the taonga species by hand. However, it’s hoped to resource this research with counting cables in time for next winter’s piharau migration. Laid across the river bed, the cables would count adult piharau coming home and babies heading out to sea.

Identifying piharau nursery kirikiri, where the juveniles live before migrating to the sea, will also help Te Kāhui o Taranaki advocate for the protection of these sites and associated hūhi.

The aim is to achieve healthy populations of piharau in our awa to provide kai for our Marae whānau.

Aspirational kōrero:

Waitukukiri

The name Waitukukiri reminds us of our physical and spiritual connection to wai as places where our tūpuna drank from and bathed.

Waitukukiri also speaks of the kirikiri (shingles) in the stream or river environment providing the habitat for baby fish species. It is the space that captures the sediments, foamy deposits, algae and other pollutants that impact on the health and wellbeing of our awa.

above, from

Piharau Information Booklet.

Images opposite, from left: Mahara Okeroa and the Taranaki Iwi Rāhui group nominated for the Daily News “Person of the year 2023”. Photo credit: Stuff Ltd.

Pungarehu Nursery.

Images

top: Tauranga Waka, Tauranga Ika Wānanga - Te Ikapārua (Warea).

Applying to extend the Section 186A mātaitai harvesting ban

Continuing concerns over preserving and protecting Taranaki coast mātaitai from overfishing has resulted in an application to extend the current ban by another two years.

In December 2022, using Section 186a of the Fisheries Act 1996, Taranaki Iwi won a two-year temporary closure to the harvesting of all shellfish (except rock lobster), seaweed (excluding beach cast seaweed), anemones and conger eels.

This closure gave legal effect to the rāhui put in place by Hapū of Taranaki Iwi in January 2022. Covering from Rawa o Turi in the south to Paritūtū in the north, the rāhui put in temporary restrictions to preserve and protect taonga species from overfishing and give the marine ecosystem time to recover and regenerate.

Pou Taiao Ngāwai Terry says the two-year extension to the temporary closure was agreed by Marae/Pā and/or Hapū because pūkawa monitoring show mātaitai stock levels still need time to recover and more work is needed to understand appropriate protection measures.

“December is when we get lots of visitors coming to our rohe,” Ngāwai says.

“Extending the temporary closure gives us time to have good, robust discussions about marine protection measures that can be used to protect our mātaitai.”

Nursery rākau

We are pleased to announce our new nursery being developed at the former Pungarehu School. It is an important step in our plans to branch out into whakapapa rākau sourced from seeds collected from Taranaki Iwi whenua.

Our current nursery holds about 2000 to 3000 plants. Our new nursery, expected to be completed in September, is much bigger and will hold significantly more plants. This will enable us to replant our reserves, and our Marae/Pā or other significant Taranaki Iwi sites.

With whakapapa rākau, we intend to source and collect seed in Taranaki Iwi rohe and track it at every stage of its lifecycle. It will take two to three years to source seed and grow it until it’s ready to be planted.

With whakapapa rākau, we intend to source and collect seed in Taranaki Iwi rohe and track it at every stage of its lifecycle.

Total Taiao Staff

17

New Taiao Staff

3

Volunteer Rāhui Monitors

Volunteers

Patrolled from Rāhuitoitoi in the south to Kaweroa in the north

Takutai Survey Data surveys complete 49

Awa Monitoring

Planting

(July 2023 – June 2024)

New Taiao Kaimahi

Timoti King – J4N Coordinator

Anika Bailey – Ngā Ringa Hāpai Taiao

Taiora Capper – J4N Kaitiaki

School Planting and Education Sessions

ArcGIS Monitoring

Total visits to 30 June 2024

Kaihihi - Temperature

8/02/2024 9/03/2024 8/04/2024 8/05/2024 7/06/2024

* Note: The Waitukukiri Monitoring Dashboard below includes site visits to 17 September 2024.

Kaihihi - Conductivity

Waiaua - Temperature

8/02/2024 9/03/2024 8/04/2024 8/05/2024 7/06/2024

8/02/2024 9/03/2024 8/04/2024 8/05/2024 7/06/2024

Kapoaiaia - Conductivity

8/02/2024 9/03/2024 8/04/2024 8/05/2024 7/06/2024

Waiaua - Conductivity

8/02/2024 9/03/2024 8/04/2024 8/05/2024 7/06/2024

Conductivity: measures the amount of dissolved salts in freshwater and its ability to conduct electricity. It can indicate the presence of pollutants, often from nitrogen or runoff from effluent.

Whanake mai ai

Puia ki te hauangi

Supporting our whānau, Marae/Pā, Hapū and uri to reach their potential.

New milestones in housing, savings, grants

Te Kāhui o Taranaki continues to invest in our people and places by supporting whānau into secure and affordable housing, contributing to savings and delivering a range of grants.

Housing

In a new milestone, we completed our first new builds in Ōkato and Ōpunakē over the past 12 months. With the support of the joint iwi housing initiative Ka Uruora, eight new houses have been built and another home refurbished.

In Old South Rd, Ōkato, two new three-bedroom houses have been built on a property bought through the deferred selection property (DSP) mechanism as part of Treaty settlement, and another house in the area has been refurbished.

In Ōpunakē, six new three-bedroom whare on two large sites in Tennyson St were completed in July.

All nine homes are being made available to Taranaki Iwi whānau through Ka Uruora as affordable rentals. Ka Uruora supports whānau into shared equity ownership or affordable rental housing through a programme that helps uri build financial capability and savings.

The Ōkato homes are all occupied, and Ka Uruora is working through a placement process for the Ōpunakē kāinga, with the first two whānau ready to move in.

The placement process matches expressions of interest from whānau with eligibility criteria, which includes completing the Ka Uruora financial education programme and having an income range that fits the affordable rental solution.

We are counting down to construction beginning on our flagship development of 22 new homes in Ōkato. This development on the old Ōkato School site on the corner of South Road and Carthew St will provide16 three- and four-bedroom houses. Six one- or two-bedroom homes for pāhake and a community hub will also be developed and, in a groundbreaking engineered landscaping project, we will create a new wetland.

We mihi to our Ngā Mahanga Hapū who we have worked with on this development since its inception. Their contribution has been significant. We are excited about the next phase which will see our Hapū add their narrative and cultural expression to the project.

Consenting and design processes are nearing completion and we expect to break ground before the end of the year. Our goal is to complete the development toward the end of 2026.

Tāmaki Makaurau

Following on the success of the Moroki development in Glen Innes, Tāmaki Makaurau (Auckland), Taranaki Iwi were among iwi offered exclusive housing opportunities in a new apartment development in Ōwairaka/Mt Albert, Tāmaki Makaurau (Auckland). The 44 apartments of the Kaweka development are mostly two-bedroom with some one-bedroom units, and are being built by iwi property collective Hāpai Housing.

Our connections with various partners in Hāpai have enabled our uri to have priority access to this property. The opportunity is being offered with the support of Ka Uruora. Through Ka Uruora and its rental rebate, eligible iwi members were given an exclusive opportunity to secure a Kaweka apartment at a discounted rental rate before the development opened up to others. The rebate means affordable rental units can be offered at an average 20% discount on market prices.

Eligibility requirements included completing the Ka Uruora financial literacy course as a gateway to accessing the housing opportunity. A number of Taranaki Iwi whānau have been successful in securing apartments in the Kaweka complex, which is expected to be completed by October.

Image:

Taranaki Iwi uri and Ka Uruora kaimahi - New builds, Old South Rd Ōkato

Te Whanganui-a-Tara

Priority access to exclusive rental opportunities is also being offered to eligible uri in Te Whanganuia-Tara (Wellington).

Te Piringa mai ki Te Aro – a 20-apartment redevelopment in Manners Street – is being offered exclusively to iwi Māori partners by developer Hāpai Housing as longterm, affordable inner-city rental apartments.

The name acknowledges Ngāti Haumia of Taranaki iwi and Ngāti Tupaia as the mana of the area.

Te Piringa has 16 one-bedroom and four two-bedroom apartments in a redeveloped art deco-style building.

Again, a Ka Uruora rental rebate means apartments can be offered at an average 20% discount on market prices.

The first step to eligibility for Taranaki Iwi members is to complete the Ka Uruora financial literacy course. At the time of writing this report, Ka Uruora was working on applications with 17 iwi members, including eight Taranaki Iwi whānau. A number of one-bedroom apartments were still available.

Ka Uruora

Our partnership in Ka Uruora continues to support whānau to improve financial management, lift savings and access safe and secure housing.

A total of 158 uri of Taranaki Iwi have completed the Ka Uruora financial literacy course to help whānau build financial capability, and as a prerequisite for progressive home ownership or affordable rental housing.

Whānau participation in the education programme more than doubled in the year to the end of June 2024.

As at 30 June 2024, Ka Uruora has supported 21 Taranaki Iwi whānau into kāinga, either through shared ownership (sharing the purchase cost and ownership of a house until whānau can afford full ownership), affordable rentals or outright ownership.

As detailed above, a further six whānau are being supported into housing in Tennyson St, Ōpunakē, eight whānau are being supported in applications for Te Piringa apartments in Te Whanganuia-Tara, and others for the Kaweka and Moroki developments in Tāmaki Makaurau.

An increasing number of Taranaki Iwi members are growing their savings by signing up to the iwi savings scheme Te Uru Tāhua WhānauSaver. Membership has lifted to , 494 with combined savings now at $306,000. Te Kāhui o Taranaki supports uri enrolled in WhānauSaver by providing matched savings contributions to members of up to $100 a year.

Marae/Pā distribution

Te Kāhui o Taranaki has continued the level of contribution to our Marae/Pā through annual distributions of $60,000 as well as an additional $15,000 each year toward administration costs.

We are delighted to have had five Marae/Pā take advantage of the $15,000 administration grants over the past year. The administration grants have been put in place to alleviate pressure on our Marae/Pā as they build capacity and capability in day-to-day operations and deal with increased compliance, regulation and organisational loads.

Images:

Left: Te Piringa mai ki Te Aro, Te Whanganui-a-Tara (Wellington) housing development.

Right: Pat Phillips at the Triton Hearing testing station.

Kōrari Pāhake Grants

A partnership with Triton Hearing

The Kōrari Pāhake Grants were launched with Triton Hearing team at the AGM in October 2022. Seventeen uri were screened initially with follow up diagnostic appointments scheduled.

The partnership agreement grants eligible Pāhake access to the service to receive a free full diagnostic hearing assessment. If, because of the assessment, it is determined that a hearing aid fitting is required then Triton agrees to a lifetime free care package (valued at $1,200 including GST) for the iwi member. This package includes follow up appointments and onsite repairs being undertaken free of charge for the life of the hearing aid.

This year we have funded seven pāhake with each receiving up to $1,000 contribution towards moulds, examinations or hearing devices.

Learner Me Hangarau Akoranga (LMHA) programme

LMHA is a Ministry of Business, Innovation & Employment (MBIE) funded 6 month Tech course where participants learn real time tech skills, grow in a team environment, gain NZQA qualifications, connect to their Taranaki roots, and work on a project that massively impacts our region.

2023-24 saw the continuation and completion of the redesign and rebuild of our Taranaki Iwi website. The fourth Cohort of 13 new tauira commenced January 2024, and initiated the new project which was to create, design and develop an LoRaWAN-Based Smart Agriculture Monitoring System for soil testing.

To give the tauira a better understanding and exposure to all things Taranakitanga, a series of presentations and off-site visits were incorporated into the programme including day trips to Te Hawera LMHA Campus - Ngāti Ruanui, and the Whare Taiao to learn about ‘trapping’ techniques with the Patu Kiore team and a hikoi to Tapuinikau Pā. This gave the tauira an opportunity to think about more advanced technology design around the current ‘trapping’ systems being used.

Internships

Anika Bailey Shaye Witehira

Cadets

Work Placement

Makaira McGovern

Manna Home (transitional home)

Timara Wanihi (Wallace)

Te Kāhui o Rauru collaboration

Wheako Taiohi

Work Experience

Kodee Ngaia

Maia Toss

Terence Johns-King

Karoline Ison

Taihonoa Partnership Agreement with Te Herenga Waka

We were thrilled to renew our partnership agreement with Te Herenga Waka - Victoria University of Wellington, who have provided match-funded scholarships, grants and internships to Māori students enrolled at the university since 2018.

This year, $8,820 was paid to 14 akonga enrolled at Te Herenga Waka. We are grateful for their continued support.

Te Moungaroa Kapahaka 2023-24

Te Moungaroa was established in 2013 by Puna WanoBryant, Hemi Sundgren and Liana Poutu in the lead up to Taranaki Tū Mai in Te Wairoaiti, Ngā Rauru. The roopu is a collective of Taranaki Iwi uri and their whānau who have a passion for learning Taranaki Iwi kōrero through karakia, waiata and haka and are more recently led by Puna Wano-Bryant and Tonga Karena.

Our 2023 Taranaki Tū Mai performance was dedicated to Dion Ngaia, Fran Davey and all of our Taranaki iwi uri who have passed. Te Moungaroa performed at our Pāhake Christmas function in December 2023 and Tiripoua in February 2024. In addition to that, Te Moungaroa were a late entry into Te Kāhui Maunga Kapa Haka Regionals in March 2024 where they performed for the very first time a slightly amended version of their 2023 Taranaki Tū Mai bracket. Thanks to the immense talent of Puna and Tonga, all of Te Moungaroa compositions are original and grounded in Taranakitanga, and draw on topical events and issues.

from top:

Te Taratara ā Kae, Te Herenga Waka - Victoria University of Wellington.

Te Moungaroa performing - Taranaki Tū Mai, 24-26 November 2023.

Te Moungaroa performing - Pāhake Christmas Function Lavender Farm, 8 December 2023.

Images

Matiu Donald Grant Recipient

Tēnā koutou katoa,

Ko Matiu toku ingoa, I am humbled to be the recipient of the joint PKW-Taranaki Iwi Undergraduate Scholarship. Throughout my predominantly Pākehā childhood, I often desired a connection to my whakapapa. However, through learning the reo of my tīpuna and taking part in the NCEA Te Ao Haka pilot program among other key components, I have begun my journey of reconnection.

Last year I was honoured to be named in the national Māori Football Aotearoa U18 Tane squad that represented Māori on the international stage, playing off against Hawaiian Indigenous Football. Within the exchange, we hosted community engagement with schools around Tāmaki Makaurau including Mt Roskill Intermediate and Edmund Hillary School. I found that our tamariki will be strong leaders in our community, all they require is a strong, encouraging presence throughout their schooling.

I currently reside in Ōtautahi, Christchurch where I attend Te Whare Wānaka o Aoraki Lincoln University studying a Bachelor of Land and Property Management, majoring in Urban Valuation and Global Business. The 4-year degree I am undertaking, will serve as a base foundation of knowledge and understanding of the challenges that Māori face in the housing sector. In order to support the equitable development of Māori in the housing sector like numerous other underrepresented sectors, we must look to emerging leaders and kaumatua for critical guidance and support.

It was the greatest privilege to lead the student cohort at Nelson College as Tuakana Matua (Head Boy) in 2023. As a part of my tenure, I particularly wanted to focus on bringing young Māori and Pasifika voices to the decision-making table. I am excited to be pursuing my leadership

“...

our tamariki will be strong leaders in our community, all they require is a strong, encouraging presence throughout their schooling.”

Matiu Donald

development on the Lincoln University Future Leaders Scholarship Program, learning through mentorship and hosting public engagement projects to support growth among the cohort. I am excited to visit Ōrimupiko and the surrounding rohe of PKW later this year and intend on making the most of the time to reconnect with my whakapapa along with my whānau.

Nō reira, Tēnā Koutou Katoa.

Matiu Donald’s tupuna kuia is Mere Waiaua Taranaki Ellingham and affiliates to Orimupiko Marae

Grants & Distributions

Pātaka Whata

Total value of pūtea distributed $7,001

$1,052,638

Marae/Pā

$420,000

Total 7

Capability Fund $75,000 (5 @ $15,000 each)

(Tīkaokao = 3 deliveries equating to 8 cartons whole birds for each marae)

Education Grants

$112,940

Total 254

Environment delivery model/land management (includes Taiao operating exps) $4,174

Database Expenses

$189,776

Ka Uruora Whānau Saver Contributions

$22,385

Uri Discretionary Grants $72,383

$148,979

Cultural, tikanga, marae hui & wānanga includes:

• LM support

• MRL support

• Ngā Iwi whānau day

• Hui ā-motu

• Kāhui Pāhake

• Te Pire Whakatupua

Uri Discretionary Grants

Distribution overview

280 Uri Packs

Ka Uruora

Housing Programme

Refurbishments complete: 9

6 in Ōpunakē 3 in Ōkato

Pipeline

Location Houses/ Units Delivery Update

Ōkato School 22 2026 Consenting & design in progress

Communications and Social Media reach:

88,200

303

Programme Te Kāhui o Taranaki Overall Iwi

Te UrU AhU PūTeA (Financial Education) 39 158

Te UrU TāhUA (WhānAU SAver)

Te UrU KāingA (hoUSing)

$63k (78 members)

$306k (494 members)

• affordable reNtal 2 7

• shared ownership 1 6

• ouTriGhT ownership 4 8 Programme Taranaki Toals (since inception)

Te UrU AhU PūTeA (Financial Education) 336

Te UrU TāhUA (WhānAU SAver)

Te UrU KāingA (hoUSing)

$507k (942 members)

• affordable reNtal 8

• shared ownership 14

• ouTriGhT ownership 11

Distribution overview

$112,940 in Education Funding Awarded 254

110

Recipients in Undergraduate, Bachelor, Postgraduate and Honours level of study

5

Recipients in Masters level of study

4 Recipients in Doctorate PHD level of study

MOST POPULAR study subjects

Nursing Science

Te Reo Māori Commerce and Law

MOST POPULAR places to study University of Waikato University of Wellington

Western Institute of Technology at Taranaki (WITT) Massey University University of Otago

Education Grant Recipients

Secondary ($269 each)

Batson, Jay Bell, Ethan Bishop, Nevaeh

Blackburn, Ariria Bristowe, Amiria

Broadmore, Charlie

Broadmore, Tom Broadmore, William Callahan, Rayden

Cassidy-Ngatai, Liam Clark, Olivia Coffey, Terai Cook, Tessa

Dalton, Kalani

Davis, Maia

Day, Jonathon Doyle, Te Waipiata Edwardson, Zahria

Edwardson, Zikyah Erueti, Kawana

Ewington, Phoebe Fleming, Kayleigh Fleming, Renee

Godsmark, Turanga O Tinomana Goldfinch, Charlie

Goodchap, Ava Goodchap, Maddi Greenaway, Mei

Haira, Riley

Haumate, Zarius

Hema, Keisha

Hema, Te Ariki Hockley, Hoani

Hockley, Russell Hosking, Desiree

Hosking, Kiana Hughes, Kaelah Hughes, Manaia

Hurley, Georgina

Ihimaera-Robinson, Christopher Ison, Karolin

Johns-King, Terence Jury, Hugo Katu, Hamiora

King, Izaliyah King, Storm Langley, Cali

Leith-Mckinley, Amelia

Lind, Tainui

Looney, Luke

Looney, Payton

Mana, Sahara

Manu, Robert

Martin, Harmony-lee

Mason, Jahkeil

Mason-Vete, Kaya

Mathieson-Julian, Ngakahu

Mathieson-Julian, Taihua

Mathieson-Julian, Wiremu

McHardy, Gus

Mcminn, Cjay

Mcminn, Francilla

Millar, Maia

Moeahu, Mason

Moeahu, Pheonix

Moffitt, Leigha

Nair, Jaia

Ngaia, Haelyn

Ngaia, Hunter

Ngaia, Kodee

Ngatai-Weston, Maria

Ngatai-Weston, Meziah

Ngawhare, Darion

Preston, Roera

Rangi, Oracle

Rangi, Raiden

Rangiwahia, Ruby

Ratahi, Hoani

Ratahi-Smith, Cassidy

Rautu-Bristowe, Jah-Taea

Raven, Kace

Reid, Chase

Reid, Jackson

Rodway, Hailee-Jayde

Ruakere, Hiona

Ruakere, Te Para

Sinclair, Stacey

Spice, Cooper

Stanyon, James

Sutherland, Harper

Sutherland, Marley

Swann, Mia

Taiaroa Bunyan, Jahlee

Taingahue, Stella

Tamatea, Jerome

Tamehana, Taane

Tapiki, Connor

Taylor, Kaea

Te Runa, Tali-Lavinia

Te Wiki, Te Waimārie

Te Wiki, Tial

Teahan, Abigail

Teahan, Oliver

Teariki, Tavita

Teariki, Tuapa

TeNana-Eriepa, Komene-James Tewake, Kaia

Tito, Rangiatea

Toia, Jahrell

Totorewa, Saul

Turner, Payton

Vaimoso, Leeward

Vano-Mohi, Tiki

Vano-Mohi, Waitohi

Walden, Te Mokena

Wall, Elijah

Wallace, Mitchell

Wallacehoskin, Charley

Walsh, Te Kohu (Max)

Watene, Hereora Dulcie

Weston-Jacobson, Letisha-Rae

Wetini, Kahduffi

Wilson, Jai

Wilson, Pakiarohirohi

Wilson, Sequoia

Wilson, Tamarereti

Wilson, Te Kiwai o te Kete

Wilson, Zinzan

Wipatene, Koa

Young, Jayden

Tertiary ($630 each)

Albert, Elizabeth

Alldridge, Erika

Antipas, Gabrial

Ashby, Waiora

Attewell, Hadley

Berge, Jayla Best, Anna Bunyan, Renee Burgess, Neave Campbell, Aisha

Campbell, Donna Cant, Kaleb Cant, Mia Clegg, Libby Clegg, Sophie

Coffey, Reuben Cook, Bethany Cook, Logan Craig, Keesha Crow, Te Amo

Crown-Harris, Daria

Cuthbert, Trinity Doyle, Metiria-Hinekorangi

Doyle, Te Puni

Dunphy, Beth

Dunphy, Ella Edwards, Tracy Exeter, Brooke Forsyth, Kade Gardiner, Anaye

Geary, Henry Goble, Nina Green, Seth Greenaway, River Hau, Joseph Hauraro, Shaan

Healey, Sharlyn

Hetet, Miriama

Horo, Gabriella

James, Billie-Jean

Jost, Archie

Jost, Georgia Karena, Tonga

Katene, Tulah

Keall, Elliot

Kemp, Lena Kennelly, Harriet King, Renata

Knight, Charles

Koha, Lenard

Kupe, Taylor

Leatherby, Bobi-Rose

Leatherby, Luke

Love, Luka

Ly, Mai

MacDonald, Ray

Maclennan, Anais

Mahura, Sophie

Mahutonga, Paul Manukonga, Bailee

Manukonga, Bobbi-Jo Mason, Renata

Matuku, Ethan

Moeahu, Jaxon

Moeahu, Tina

Murray-Taka, Shaylah

Ngaia, Anahera

Ngaia, Kahana

Ngaia, Teina

Osborne, Roka

Parry, Alyce

Plimmer, Carrie

Pont, Kassidy

Preston, Nate Rameka, Bianca

Richmond, Ema-Kahurangi

Ritai, Ngatupara

Rona, Kohein

Rona, Natane

Rona, Phelan

Rona, Sarika

Ross, Daysharne

Ruakere-Norris, Te Karira

Scully, Aislinn

Sharland, Wade

Sidwell, Anne

Simon, Velinda

Sionetama, Teremahutonga

Stanyon, Whakairitaua

Stevenson, Deon

Tairi, Chevourne

Tamatea, Paige

Tarlton, Ivan

Taueki-Stott, Merania

Te Rata-Owen, Marino

Te Rei Tuta, Tamaarangi

Thompson, Tiana

Tito-Green, Thomas

Tkaczyk, Helen

Tuivaiti, Elaijah

Tupangaia, Ana

Tuuta, Raymond

Utiger, Latesha

Walden, Teihorangi

Wall, Jordazhe

Wallace, Nika

Wallace-Edwards, Oriana

Walsh, Rahira

Walters, Charles

Wano, Kerena

Wara, Elizabeth

Ward, Kody

Watson, Morgana

Watts, Naomi

Weston-Jacobson, Pikiteora

Wharehoka, Rawinia

Williams, Alesha

Wilton, Ngapera

Wipatene, Sean

Vocational ($1000 each)

Owen, Hayden

Non-Funded Short Course

(up to $500 each)

Flavell, Moeahu

Ngaia, Saphron

Ryder, Taysha

Wall, Mia

Taketake Tangata

Takea ki te pūtake

Ensure and enable the voice of influence and advocacy for Taranaki iwi and our Marae/Pā, Hapū and uri.

Answering the call for kotahitanga

Te Ruruku Pūtakerongo Taranaki Maunga Collective Redress Deed/Te Pire Whakatupua mō Te Kāhui Tupua

It has been a busy and demanding year of action to support the rights and interests of our iwi, Marae/ Pā, Hapū and whānau.

Te Kāhui o Taranaki has been immersed in the collective work of Ngā Iwi o Taranaki to advance the collective redress legislation Te Pire Whakatupua mō Te Kāhui Tupua following the signing of Te Ruruku Pūtakerongo, the Taranaki Maunga Collective Redress Deed, in September 2023. We have worked hard to ensure that our whānau are fully informed and engaged in the journey.

The Bill passed its first reading in Parliament in April this year and Te Kāhui o Taranaki represented the views of our whānau in a submission to the Select Committee. The Select Committee is due to report back in October. Following this, the Bill will be ready for its second reading.

Te Ruruku Pūtakerongo honours a Crown commitment to each of the eight iwi of Taranaki to negotiate collective redress in relation to Taranaki Maunga and Te Papa-Kura-o-Taranaki (currently Egmont National Park). It centres on establishing a two-part framework: Te Mana o Ngā Maunga, recognising, promoting, and protecting the health and wellbeing of the peaks, Te Kāhui Tupua (the collective ancestors), and their status; and Te Mana o Te Kāhui, recognising and providing for the mana and relationship of Ngā Iwi o Taranaki with Te Kāhui Tupua.

Te Mana o Ngā Maunga centres on the recognition of the legal personality of Te Kāhui Tupua. It is the third time a geographic feature in Aotearoa will be granted legal personality, following Te Urewera in 2014 and Te Awa Tupua (Whanganui River) in 2017.

Hui ā-Motu/Hui Taumata

In January, Te Kāhui o Taranaki answered the call from Kīngi Tūheitia for iwi Māori to rally in a national unity hui to discuss concerns about the actions of the new coalition government.

The historic hui ā-motu at Tūrangawaewae, attended by an estimated 10,000 people, brought together voices across Te Ao Māori to consider a united response to government plans.

The kōrero continued at Rātana Pā a few days later, at the Waitangi Treaty grounds in February, and at Ōmāhu Marae near Hastings at the end of May, when Ngāti Kahungunu Iwi Incorporated hosted the first Hui Taumata – the second national hui of the year following Ngāruawahia.

Where possible, we have taken with us whānau who expressed a desire to attend. Our aim has been to support whānau who are feeling the harmful impacts of this government’s divisive legislative regime, to address the issues as they affect Taranaki Iwi directly with the government, and to reiterate our collective demand as Māori to be recognised and heard as a treaty partner across the political landscape.

National Iwi Chairs

We have attended every National Iwi Chairs hui. This forum every three months, for the leadership of some 80 iwi, works collaboratively on the key priorities of iwi who are part of the forum, and is effective in uniting our communities, fostering resilience, and ensuring that the voices of Māori are integral to the nation’s future.

The historic hui ā-motu at Tūrangawaewae, attended by an estimated 10,000 people, brought together voices across Te Ao Māori to consider a united response to government plans.

In addition to attending these essential gatherings, our teams and leadership have prepared and presented submissions on numerous issues before a multitude of local and central government committees, agencies, boards and authorities. Where necessary, we have lodged objections and made verbal submissions. In short, we have utilised a myriad of tools at our disposal to speak for the rights and interests of our people.

Hui ā-Iwi

Te Kāhui o Taranaki aims to convene two hui ā-iwi each year, apart from the annual general meeting, to discuss issues of importance. Our last hui ā-iwi shared the expertise of two kaumātua with significant experience in local government and national politics. Former Labour Party minister Mahara Okeroa represented Te Tai Tonga as a Member of Parliament from 1999 to 2008. Peter Moeahu has a long history in local government, including as a former councillor, a Taranaki Regional Council iwi representative, an appointee to the council’s Policy and Planning Committee and a long-time Māori ward advocate.

This was an opportunity to wānanga on the impacts of the current government’s actions and gain insights from our kaumātua. A key message was that Māori are not a minority group in our own country, but a Treaty partner. We don’t ask to be listened to – we expect it, and that expectation will be firmly conveyed to the Crown.

The kōrero was grounded in Taranakitanga, underscoring our resilience as a people. We survived the brutality of Parihaka, and Parihaka will remain as a source of inspiration and strength in times of adversity and against seemingly overwhelming odds.

Te Matatini

The premier kapa haka celebration returns to Taranaki in February after 30 years. Te Matatini was last hosted in 1994 in Hāwera. With excitement and great anticipation, Te Kāhui o Taranaki is supporting Te Kāhui Maunga (Taranaki and Whanganui) in preparations to host this showcase event in the rohe of Te Ati Awa. Up to 60,000 whānau are expected to attend the five-day national competition, with a pōwhiri on 24 February 2025 and finals on 1 March. We look forward to coming together to celebrate who we are and the beauty of Te Ao Māori.

Pire

Redress Bill

Image courtesy of Tania Niwa Photography.

Images from top:

Hui ā-Iwi, Pūniho Pā, 20 April 2024.

Mahara Okeroa with a powerful presentation.

Mahara Okeroa and Peter Moeahu.

Image on previous page:

Jamie Tuuta, Mahara Okeroa, Te Akau Wharehoka, John Hooker, Mike Neho, Wharehoka Wano, Sandy Parata and Mohi Apou - Te

Whakatupua mō Te Kāhui Tupua/Taranaki Maunga Collective

- First reading April 2024.

Representation

Local | Regional | National

Te Huinga Taumatua (NPDC Iwi Liaison Committee)

Taranaki Iwi Representative - Jacqui King

Te Kāhui Matauraura (STDC Iwi Liaison Committee)

Taranaki Iwi RepresentativesWharehoka Wano & Peter Moeahu

Huinga Iwi (STDC Operations Iwi Liaison Hui)

Taranaki Iwi RepresentativesWharehoka Wano & Ngāwai Terry

Ngā Kaitiaki (STDC Plan review Kaitiaki Group)

Taranaki Iwi RepresentativeNgāwai Terry

Te Korimako o Taranaki

Hone Niwa

Involvement in multiple hui for the following:

Legislation reform consultation and engagement

• Crown Minerals Act

• National Adaptation Plan

• Freshwater National Policy Statement

• Three Waters

• Resource Management Act Reform

Local Government engagement

• STDC Huinga-ā-iwi

• Freshwater Consultation

Taranaki Regional Council (TRC Policy & Planning Committee)

Taranaki Iwi Representative - Peter Moeahu

Taranaki Regional Council (Consents & Regulatory Committee)

Taranaki Iwi Representative - Tuhi-Ao Bailey

Ngā Iwi o Taranaki (NIOT) Chairs Forum

Jacqui King & Wharehoka Wano

Te Punanga Ora

Leanne Horo

Ngā Kaiwhakatere / Regional Leadership Forum

Jacqui King

National Iwi Chairs Forum (NICF)

Jacqui King & Wharehoka Wano

Te Kāhui o Taranaki related responses and activities

• Ōkato School development

• Greymouth Petroleum

Resource Consents / Permits / Concessions

Engagement with applicants and developers pre-application

Rurungia ki te pā whakaruru

Providing the shelter and environment to protect and grow the capacity and capability to implement our iwi aspirations.

Kawe Whakahaere

A proud footprint in Ōpunakē

When the opportunity to purchase prime real estate in Ōpunakē arose last year, Te Kāhui o Taranaki Board of Trustees moved quickly.

Buying the former TSB Ōpunakē branch building presented a chance to advance iwi aspirations by reinstating a footprint in Ōpunakē, the biggest urban area in the Taranaki Iwi rohe.

In March this year, after two months negotiating with TSB and realtors, Te Kāhui o Taranaki bought the property.

It instructed Ngā Waka Whiria Māori Construction Consortium in Taranaki to re-fit the building to a specific high standard.

“We wanted a place that our whānau could be really proud of,” says Pou Kōkiri Mark Wipatene.

“It would have been quite easy to do some work-arounds with the renovation, but we made a conscious decision to re-fit to a standard that’s becoming of our people. We wanted something that’s high quality, fit for purpose, that our people can use with pride. We’re really pleased we’re now represented on main street Ōpunakē at such a high standard.”

In consultation with our kuia Tapakione Skinner, the office space was named Te Whare Kotahi. This name represents the sense of unity the facility will provide as well as an acknowledgement of our tupuna Wiremu Te Matakatea who historically united Taranaki Iwi.

The building was also fitted with facilities needed to hold hui such as audio visual capability, teleconferencing technology, WIFI access and catering equipment.

Mark says when Te Whare Kotahi was officially opened in early July, there was a real sense of pride among the 50 or so uri who attended.

It is proving popular among local Hapū, who have held a number of hui there. A financial literacy course for Ka Uruora is being held at Te Whare Kotahi and it will also be a satellite office for Te Kāhui kaimahi who live locally.

“We really want it to be utilised by uri, whānau, Hapū and like-minded organisations,” Mark says.

Another step as an active and positive contributor to the socio-economic wellbeing of whānau and the wider Taranaki coastal community was the decision to retain the TSB ATM at Te Whare Kotahi through a lease agreement between Te Kāhui o Taranaki and TSB.

Further community support is evident in the board’s decision to form another agreement with regional banking hub entities, after they closed their hub site in the Ōpunakē library. This means a second, new, multi-bank deposit Smart ATM has been installed at Te Whare Kotahi.

Images:

Te Whare Kotahi blessing - Ōpunakē, 1 July 2024.

Left: Tapiukura Young, Frances Kahui, Tapakione Skinner, Te Waka McLeod and Dee-Anna Ritai-Te Awa.

Right: Taranaki Iwi uri gather outside Te Whare Kotahi.

Ngāmotu House: making level 4

our own

Ngāmotu House, which brought a cultural narrative to the heart of New Plymouth’s CBD when it was opened by Te Atiawa in February, is now a northern hub for kaimahi and whānau of Te Kāhui o Taranaki.

We have 15 kaimahi – with space for more – working on level 4 of the newly developed six-storey, 4000m2 commercial building that has become a central hub for Māori organisations in Taranaki.

“It’s a real privilege for us to be in this building,” says Pou Kōkiri Mark Wipatene.

“Like any of our offices, we’re definitely focused on our uri and we’ve had lots of visitors and hope to have a lot more.

“One of our key objectives and concerns in moving to Ngāmotu House was being able to maintain our identity as Te Kāhui o Taranaki and not get lost in the shadow of Te Atiawa and other tenants in the building.”

Marks says this has been achieved by Taranaki Iwi being represented in the overall building design – “you can see our tohu” – and in the specific Taranaki Iwi Level 4 design features. This includes the deep greens of the Taranaki Iwi brand colour palette and the choice of complementary natural wood surfaces.

Being in a central hub location with other Māori organisations makes it easier to strengthen relationships through regular interactions such as shared te reo Māori and waiata sessions, as well as promoting easier access to specialist skills within each group.

Mark says it is also important for Te Kāhui o Taranaki to have part of the ownership in the building - where Te Kāhui o Taranaki are no longer simple tenants, but are investing in their own capability building.

“Taranaki Iwi Holdings is finalising an ownership stake in Ngāmotu House in collaboration with the Te Atiawa commercial board.”

“It’s a real privilege for us to be in this building.”

Mark Wipatene

New impact investment strategy

A new impact investment strategy has been developed by the board.

This strategy was drafted through a series of wānanga held during the past 18 months with senior managers, and members of the board of trustees and commercial group board.

Impact investing is about making investments in beneficial social and environmental outcomes –such as building warm homes – alongside financial outcomes that might not be the priority.

Professor Sacha McMeeking, from Canterbury University, facilitated the wānanga.

The strategy will be finallised following the strategic review work with our uri. Work will then begin implementing the strategy over the next 12 months.

Risk management policy

How Te Kāhui o Taranaki adjusts risk management practices to align with tikanga and its values forms part of the new, recently adopted risk management policy.

The policy was developed by trustees and senior managers, in line with the audit and risk committee oversight, in a series of wānanga facilitated by risk management consultant Kevin McDonald. It will be implemented over the next six months.

Te Kāhui Strategic Reviews

The Te Kāhui Strategic Plan is up for its 5 year review and we will be going through this process over the upcoming year with a series of engagement hui. We will also be reviewing the Taiao Taiora Environment Management Plan along with updating the Cultural Programme and streamlining the Whakapapa registration process.

Our programme of strategic work will include:

• Te Kāhui o Taranaki 5 Year Strategic Review

• Taiao Taiora Environment Mangement Plan Review

• Whare Turanga Kōrero (Cultural Programme)

• Streamlining Whakapapa Registration Process

Images (opposite) from top: Ngāmotu House blessing, 4 May 2024.

Jacqui King (Chair) with Taranaki Iwi Pāhake.

Poi Manu; Ngapera Moeahu and Waiora Hohaia-Ashby.

Wilson Graham, Pat Phillips and Fay Patene.

Chair Report

Andy Knight

tātou iwi o Taranaki.

It has been an honour again to lead the Commercial Group through another year.

The Commercial Group covers both Taranaki Iwi Holdings LP (Holdings or TIHLP) and Taranaki Iwi Fisheries Ltd (TIFL). It is our job to supply Te Kāhui with the financial resources it needs to do its jobs over the long term.

It has been a difficult one for New Zealand and also for some of our assets, but we are pleased with our positive total return of around 5%.

We aim to do this prudently and sustainably while delivering wider impacts that align with Taranaki Iwi values.

We do this by choosing assets that fit our strategic allocation needs, but which also have wider resonance and delivery for Taranaki Iwi.

This might include increasing our land ownership, reestablishing our footprint in the rohe, providing housing opportunities or providing opportunities for mahi tahi with other aligned iwi.

There will always likely be a minority portion of our portfolio that cannot achieve wider impact. Currently this is limited to some of our financial assets, where work is underway to improve responsible investing alignment.

More on our assets and their impacts is covered below.

Performance Summary

It has been a difficult year for many households and businesses in New Zealand as our economy has had to deal with the long hangover of the loosest fiscal and monetary conditions the country has ever seen.

The reset from this has been painful while rising costs have continued to eat into businesses, as much as they have into household budgets.

On top of this, our major export market, China, has faced its own struggles. You can see this in the results for commodities businesses, including ones we own stakes in.

Some international economies have remained strong while inflation has been largely tamed. Financial markets have moved relentlessly higher. We know that financial markets have ups and down, but this year we have benefitted from the growth in our global financial assets, which has helped to balance out weakness in other areas.

We are grateful in such circumstances for the diversification we have built. This has allowed us to deliver:

• Operating profit of $2.8m. This result is before interest paid to related parties (including Marae/ Pā). This figure excludes revaluation gains in managed funds. These fall into ‘Other Gains and Losses’ and were strong this year

Tēnā koutou katoa, me pēnei te kōrero, haere ngā mihi, haere ngā mate, haere whakamua tō

• Total Commercial Group profit (including revaluations and after related party interest) of $6.2m (Prior Year (PY) $5.0m) supported by managed funds and development property

• A total distribution of $2.8m was paid to Te Kahui –this is more than double the distribution paid seven years ago when TIHLP was first formed, and up $100k on Financial Year (FY) 23

At an operational level:

• We have a portfolio that is around 70% invested in assets that provide wider impact to Taranaki Iwi through supporting its values and goals beyond just commercial returns

• We have continued our work on housing in the rohe with nine houses completed this year, which will all be delivered to whānau under supported tenures. This is the result of years of preparation but only makes the start of what we’re hoping to deliver

• We have also delivered housing solutions via our investee Hāpai Housing, with five whānau placed into brand new, affordable units in Tāmaki Makaurau

Financial Performance

(before interest)

• We have reviewed our managed funds to make sure manager values align with those of Te Kāhui, and have been making changes, post year end, accordingly

• Our hotel investment in New Plymouth did well to generate cash surpluses but has faced pressures, in common with a lot of tourism and hospitality businesses nationwide

• We have continued making incremental additions to asset allocations in our core direct asset areas of commercial property, housing and agribusiness

• We ran a Marae/Pā loan regime, helping Marae to achieve their financial goals by investing alongside Holdings. This had grown to $3.1m at year end

• We were joined by three new board members during the year and I would like to record my formal welcome to Taari Nicholas, Stephen Jennings and Daniel Harrison, who has served as an associate but is now a full director

Our Vision

We are guided by Te Kāhui’s vision and values:

• Me Tōngai Harakeke

• Kia rongomou, Kia manawanui, Kia aroha ki te tangata, Kia tika, kia pono

Our purpose is: to be an outstanding investment company for Taranaki Iwi and a respected economic leader in the Taranaki region.

We apply the Te Kāhui whenu to our commercial activity:

Te Kāhui Whenu Te Kāhui Strategic Goals TIHLP Goals

• Enhanced identity and pride through visible iwi commercial success

Taranakitanga

Taiao

Whanake mai ai

To strengthen our Taranaki iwi cultural identity and bring us together as whānau

Taketake Tangata

To protect the wellbeing of our taiao, our maunga, awa, moana and whenua

Kawe Whakahaere

To support our whānau, Marae/Pā, Hapū and uri to reach their potential

• Taranaki Iwi narrative included within commercial ventures where feasible

• Rebuild Taranaki Iwi’s economic role in its rohe

• Operate in a manner that reflects Taranaki Iwi values

• Leading environmental practices

• Leading health & safety practices

• Industry sector leadership

• Marae / Hapū and iwi members have greater connection to the commercial investments

• Growth that more than maintains the real value (inflation and population) of pūtea

• Supporting Te Kāhui group on collaborative initiatives that deliver to whānau and Hapū

• Successful co-investment with other aligned Iwi and Māori entities

To ensure and enable the voice of influence and advocacy for Taranaki iwi and our Marae/Pā, Hapū and uri

Providing the shelter and environment to protect and grow the capacity and capability to implement our iwi aspirations

• Contribution to the growth of and providing opportunity to Taranaki Iwi, Māori and Taranaki economies

• Leading industry sector risk-adjusted returns

• Best practice governance practice and commercial decision making

• Strong progress towards target asset allocation and direct investment plan

• Out-perform return and distribution targets

• Resilient in maintaining distributions through downturns

• Value add and cost-efficient management

• Partnering with aligned and best in class industry operators to build long-term capacity

Our Current Portfolio

We plan our portfolio initially in terms of riskiness of income generation.

About half our assets generate secure income and so give us confidence to pay distributions year on year. The rest of the assets are aimed at generating growth over the long term to support a growing iwi or provide little return but deliver on Taranaki Iwi objectives.

We are close to fully invested and so the broad balance and diversity of risks we have now will likely remain similar into the future, even as the underlying assets may change.

By year end we had a total commercial pūtea (including TIFL quota at market value) of $131m. This is approximately $3m up on last year, after paying out close to $3m in distributions.

Total Commercial Pūtea

Our Investment Philosophy

We do a lot of thinking about our advantages, constraints and goals and have used these to inform our philosophy for how we deploy capital. We will:

• Operate as an investment holdings entity investing in a variety of assets and classes

• Build a balanced portfolio of assets that can deliver a mix of income and growth to ensure sustainable inter-generational balance

• Use direct investment where we have advantages that can drive premium risk-adjusted returns – such opportunities often flow from our relationships with other iwi and with the Crown as well as direct links to mana whenua– such direct investment should be able to support wider impact in line with Te Kāhui o Taranaki whenu

• Use liquid financial assets, where no direct access or advantages, to gain exposure and complement portfolio of direct assets

• Diversify across and within asset classes and manage carefully for concentrations

• Keep overheads low

Measuring Impact

In addition to income generation and growth, we think about how individual assets can respond to the whenu and Te Kāhui strategic goals.

Work is ongoing in this area with Te Kāhui to refine definitions and set measurable targets but broadly we think of assets as having:

· Having appropriate commercial returns and good impact

• Having some commercial returns but higher impact

• Having limited commercial return and impact only

• Having stronger commercial returns and limited impact

Examples of assets that have both good commercial and impact performance include:

• Tai-Hekenga – where we have invested with Taranaki whānui in line with Taranakitanga to take back land ownership from the Crown

• Puainuku and Hāpai – these are agri and property

collectives respectively and in each of these we have again supported mahi tahi by working with a wider range of iwi to take back land and build our footprint. This includes commercial housing vehicles delivering housing in Tāmaki Makaurau, incorporating design to reflect our ownership.

Some assets we trade off some commercial return for wider impact. This includes assets like the hotel, which supports Taranaki Iwi profile under Taketake Tangata and Taranakitanga and local housing, which provides an essential service to whānau. More on this below.

Standard financial assets such as managed funds and private equity are areas where we cannot claim any wider impact, but they play an important role in diversifying our risks and returns.

Our whole of portfolio impact allocation is illustrated below.

Housing

There remains risk attached, so we operate within the portfolio parameters that apply to all our investments, but this can still deliver meaningful results.

A lot of work has gone on over the last six years to develop expertise in mixed-use housing development and delivery including building delivery partnerships, contracting efficiencies, partnership with Ka Uruora and so on.

We have been applying this model locally and to date have delivered 15 houses across eight sites, with nine of those delivered in the past year. All these houses already have or will go into supported tenures for Taranaki Iwi whānau.

We have a pipeline of 22 further houses that we hope to develop at Ōkato.

This is all being done by Holdings directly and delivered in-rohe.

In addition, through our investment in Hāpai Housing, we are invested in the delivery of hundreds of houses nationwide. Hāpai completed its first development during the year and placed 20 whānau (5 Taranaki Iwi) into affordable rental units and expect more to be concluded this calendar year.

This output will only increase as Hāpai expands its funding base and builds a reputation for reliable delivery.

Other Local Investment

Including the local houses project, we currently have around $22m invested in the rohe (including settlement fisheries quota), or just under 15% of the total portfolio. Without settlement quota it is around 11%.

Our main other local impact assets are our stake in the Novotel Ngāmotu Taranaki hotel; the properties we own and lease back to the Crown and various, mostly rural properties, that we own and lease to Te Kāhui.

We have a preference to invest locally, the challenge is always to make sure it is done economically, so that our choices today don’t limit the choices of tomorrow. Housing is one area where the model works. We are always on the lookout for others and have been completing work recently with Te Kāhui on refining our impact goals.

“We have a pipeline of 22 further houses that we hope to develop at Ōkato.”

Andy Knight

Housing in partnership with Ka Uruora

Houses sold (shared equity) 4 Houses soon to be sold

New build - South Road, Ōkato.

Image:

Asset Overview

The Hāpai whānau - property

‘Hāpai’ is a whānau of linked iwi-controlled vehicles developed to focus on three distinct types of investable property: commercial, residential and development.

• Hāpai Commercial Property LP (HCP) owns seven high-quality investment properties for long-term tenants across the motu, with two more under development – a GreenStar office building in Dunedin and a logistics hub for Cardinal in Auckland. We have a total investment of $15.5m in HCP as at the end of this year. This delivered us a cash return of 4.5%. This operating performance is in line with expectations but once the developments are complete, we expect cash returns to increase. Since our initial investment in 2019, Hāpai Commercial has delivered a total return of 16% per year

• Hāpai Housing develops and operates purposebuilt residential properties including conventional rental as well as retirement living. Hāpai Housing’s first project, Moroki, was completed in CY2023. Two further projects are under development in Wellington and Tāmaki Makaurau and due for completion this calendar year. Hāpai Housing has a pipeline of approximately 800 houses. Holdings has $7.4m invested. This delivered a cash return of 3.4% over the year. Again, as more projects are completed, this return will increase. Hāpai Housing has delivered a total return of 8.9% p.a. since inception in 2020

• Hāpai Development seeks to leverage value-add opportunities in special situations – generally where iwi can add value that others cannot. It has projects in Auckland and Christchurch. We have $5.2m invested and it has delivered a return of 20.5% per year, to date

Holdings was one of Hāpai’s foundation investors and appoints a director to the single board that oversees all three vehicles: this is part of the Hāpai philosophy – creating efficient but flexible structures and access. The other investors are all iwi and include many of our wider Taranaki whānau.

There are now 29 Māori investors or partners across the Hāpai whānau and it is a great example of collective iwi success.

Investment in the Hāpai whānau of Property Vehicles

Hāpai Commercial $15.5m

Hāpai Housing $7.4m

Hāpai Development $5.2m

Images: Moroki housing development, Glen Innes (Tāmaki Makaurau).

Pūainuku whānau - agribusiness investment

Agribusiness is an area of strategic long-term global advantage to New Zealand, but there have been limited appropriate access options for non-operators to invest in quality assets.

Pūainuku was developed as the solution, and like Hāpai it also has three arms:

• Pūainuku Pastures owns a 13% stake in Dairy Holdings Limited (‘DHL’), New Zealand’s largest dairy farmer. We made an investment of $4.2m in FY21 that is now worth a little under $6.0m Operating returns came under pressure again in FY24 from rising costs and lower demand out of China. On the farms, production was only 94% of expectation. DHL is now fully self-contained and once it sells its West Coast assets will focus on performance consolidation. It has delivered a 11.8% p.a. total return since inception.

• Pūainuku Vines was formed in early FY22 to focus on hops and viticulture land on long-term lease to Giesen’s winemakers. We have $3.8m invested and it delivered a cash return of 5.3% in FY24 and has delivered an annualised total return of approximately 22% since investment. We do not consider such high returns to be sustainable

as they reflect uplifts in property value through good buying – but we expect stable and growing cash returns over time.

• Pūai Tangaroa was formed in mid-2021 to invest in kōura quota. We have a holding worth $2.0m and it generated cash returns of 1% during the year, impacted by interest rates on borrowings.

Novotel Ngāmotu Taranaki

The Novotel Ngāmotu Taranaki was acquired by Holdings in a consortium with Te Atiawa and PKW in January 2019. It is one of the region’s leading hotels and its newest purpose built one, with a prominent site on the main entrance to the New Plymouth CBD from the airport.

It has been a very tough time for hoteliering in New Zealand, with the obvious rigours of Covid-19, the metastasis into labour tightness, followed by huge cost increases and now with the tepid tourism recovery. The management team have done well to continue to deliver cash surpluses.

FY23 was a strong year, with cash returns double the year before. FY24 has been harder with a cash return about a third of last year’s and occupancy around 11% below what was hoped. This is not unusual for New Zealand and the team have done well to perform as they have. We are hopeful recovery will come, not so much with tourism, but through improved corporate sentiment now that we appear to have reached the top of the interest rate cycle. It is primarily a business travel hotel.

We continue to work on pathways to bring uri into the hotel trade.

The hotel has delivered an annualised return of approximately 1% (after depreciation) since our initial investment. This is below initial expectations of high single digits, but during extraordinarily challenging times for travel to and around New Zealand. To be able to still make cash profits is a testament to the management team.

Tai-Hekenga

Tai-Hekenga is a partnership of Taranaki Whānui linked iwi that has collectively purchased a large portfolio of Crown leaseback land in Wellington including schools, justice properties and specialist properties used by the Department of Internal Affairs.

The assets are land only. The improvements, and hence the bulk of the seismic risk, remains with the Crown.

Tai-Hekenga provides a highly secure income stream with strong asset backing in the unlikely event of sovereign default or other vacancy.

We enjoyed several years of very strong value uplift and then downwards pressure with rising interest rates. We expect that to reverse and in addition we will be commencing rent reviews (on five- and seven-year cycles) that will improve cash generation.

In 2019 we made a commitment of $10m into in TaiHekenga. The investment has grown in value to over $20m and our annualised total return since first investing has been above 20% reflecting the high land inflation. Our cash return for the year was 4.1% but this is expected to increase as leases are reset to the higher land values.

Te Pūia Tāpapa and private equity

Holdings is an investor in Te Pūia Tāpapa (‘TPT’). TPT is a grouping of 28 iwi and Māori investors seeking to partner with existing NZ institutional investors on large-scale private investments. We also have investments in seven other private funds.

We treat all private equity funds together as portfolio. It is New Zealand-centric and so has suffered from the general economic malaise with pressure across businesses.

Our total private equity exposure is around $15m and it has delivered annual average returns to date of around 5%, down from around 8% at the end of last year. We would hope for 10% -12% but expect the funds will have to hold assets for a year or two longer before the market starts to pick up.

“Tai-Hekenga provides a highly secure income stream with strong asset backing in the unlikely event of sovereign default or other vacancy. ”

Andy Knight

Infrastructure

Holdings is an investor in Australasian infrastructure via the Dexus Diversified Infrastructure Trust (DDIT).

This is a long-established fund with significant scale assets in Australia and New Zealand. Locally the fund is a major owner of PowerCo, the local Taranaki and wider North Island lines company but its major asset is Melbourne Airport.

DDIT’s performance was a victim of Covid-19 and border policies and its recovery last year was hampered by downwards pressure on the value of income-type assets from rising interest and discount rates.

Holdings has around $10m invested. The fund generated a cash return of 3.6% this year and a total return of 10.5%. Over the longer term it has delivered a total return of 6.2% p.a. – a solid return considering timing of investment, early 2018, in relation to Covid-19.

Managed Funds

Holdings has around $19m invested in a range of liquid, managed funds, down $10m since the start of the year as drawdowns have been made to fund direct investments.

The funds are increasingly focussed on global equities. The funds that had the highest global exposure did the best, with returns between 15% and 20% as American markets were seemingly buoyed by AI and the hope of lowering rates.

Those funds with higher Australasian exposure fared less well. One fund delivered a negative return, and we are exiting it as we believe it should have done better and is not a market issue. We are also reducing our investment in other funds for strategic and responsible investing reasons.

Overall, the funds portfolio delivered a return of 7.2% in FY24 and an annualised return of 5.1% over the last five years.

Taranaki Iwi Fisheries Limited

TIFL runs a streamlined operation with all quota leased out, with income also coming from ownership of shares in Moana NZ (formerly Aotearoa Fisheries Limited).

3.6%

There are no direct fishing operations and management, including treasury management, is provided on contract by TIHLP.

TIFL’s main quota lease arrangements were renewed during FY19 via a new, revised pan-iwi standard ‘Ihu Tō Mai’ Agreement. This gives TIFL simple, passive access to the value chain.

In FY24, TIFL delivered an operating profit of $253k. This is an increase on FY23.

Our costs

Our total costs of $0.5m represent a cost burden of only 0.45% on our assets. Of this, ~$90k is paid for group services delivered by Te Kāhui. We know that this is efficient compared to other iwi or comparable investment entities and we benchmark it annually.

Our Medium-Term Performance

While our total return was below last year’s and below our long-term goal of around 7% p.a., we remain on track over the longer term.

Over the last five years we have had an average annual return of 7.9% and we have had a return since inception of 7.1% since inception. This figure includes our earlier years when the portfolio was in its infancy and cash heavy, and returns were lower.

Our annual distributions to Te Kāhui have steadily increased each year, since inception, without fail.

These distributions have more than doubled from $1.35m in 2017 to $2.80m in 2024. This represents a growth rate of approximately 11% p.a.

Reserving

We analyse our equity to track ‘real capital’.

This allows uri to see whether our asset base is keeping up with inflation and population growth.

Our initial capital escalated for population and general inflation is our real capital.

Retained earnings above this we call ‘economic reserves’; and represent the true surplus-retained earnings, which in turn becomes a good indicator of inter-generational equity. These calculations are detailed below.

Reserving Summary

“Over the last five years we have had an average annual return of 7.9% and we have had a return since inception of 7.1% since inception.”

Andy Knight

Another year of high inflation has eaten further into our reserves. At year end economic reserves totalled $0.6m. This reduction is not ideal, but it is also not unexpected.

Returns and portfolio growth are not linear year to year. We know that strong years can be followed by weak ones. The reserving policy is meant to show discipline over the longer term. It is difficult in periods of high inflation, however, as our hurdle rate tends to rise before flowing into our revenue via e.g. higher rents.

The Year Ahead

The outlook remains challenging for New Zealand:

• Cost increases may have slowed but remain high in many consumer areas and that depresses confidence

• Local rates are becoming an almost uneconomic burden on most households and this in turn damages prosperity

• Domestic and inbound tourism is below 2019 levels

• China’s growth remains underwhelming, and we expect ongoing difficulty for sectors and companies directly linked to the Chinese export market. The China slowdown is also starting to flow into the Australian economy which has a high commodities dependency.

We expect however for relief to come in interest rates before the end of the 2024 calendar year. This should energise most sectors, and we look forward to it, like most of the country. This should be reflected in valuations at Hapai and Tai Hekenga. We’re grateful for the steady cash flow.

We will continue to drive forward with our property programme, especially housing. We will also be realigning our managed funds and expect to keep at least $15m invested in this area over the medium term.

List of abbreviations & symbols

~ approximaTely

% percenT

c circa (usually used wiTh daTes, means around abouT; in The viciniT y of; approximaTely;

cY caleNdar year

FY fiNaNcial year

$...m $...million, e G. $3.5m, (3.5 million dollars)

$...k $...Thousand, e G. $400k, (400 Thousand dollars)

p a per annum (each year)

pY previous year

Overall, we don’t have the most optimistic outlook for FY25, but we are confident in our strategy, our asset allocation and our execution and believe we can continue to weather any difficulty.

We have committed to a distribution of $2.8m to Te Kāhui this year.

Conclusion

I wish to thank the Holdings directors for their contributions through the year, Tania, Nadia, Whare, Mark and Marama for their support, and the Te Kāhui trustees for their faith in us.

Thank you for this opportunity to undertake the exciting work of building the commercial assets of Taranaki Iwi.

He taketake mounga, he taketake tangata.

Andy Knight Chair

Taranaki

Iwi Holdings LP Taranaki Iwi Fisheries Ltd

Taranaki Iwi Holdings Limited Partnership Directors; Daniel Harrison, Taaringaroa Nicholas, Jacqui King, Andy Knight (Chair), Hinerangi Raumati-Tu’ua and Stephen Jennings.

Taranaki Iwi uri - AGM Pūniho Pā, 14 October 2023.

Te Kāhui o Taranaki Trust & Group

For the year ended 30 June 2024

Directory

Nature of Business

Investment for the purposes of providing benefits and opportunities for Taranaki Iwi.

Beneficiaries

Members of Taranaki iwi.

Trustees

Jaqualine King - Chair

Leanne Horo

Daniel Harrison

Aroaro Tamati

Jamie Tuuta

Sharlene Maoate-Davis - until October 2023

Miaana Patene

Hayden Wano - from October 2023

Board of Directors - Taranaki Iwi

Holdings Management Ltd

Andrew Knight - Chair

Hinerangi Raumati Tu’ua

Jaqualine King

Daniel Harrison - appointed 1 January 2024

Taaringaroa Nicholas - appointed 1 January 2024

Stephen Jennings - appointed 1 January 2024

Bankers

Australia New Zealand Banking Group (ANZ) Bank of New Zealand (BNZ) TSB Bank Limited (TSB) Westpac Bank New Zealand Limited

Solicitors

Greenwood Roche Govett Quilliam

Chartered Accountant

Vanburwray Chartered Accountants Limited

Auditors

Silks Audit Chartered Accountants Limited

Te Kāhui o Taranaki Trust & Group

Statement of Comprehensive Revenue and Expenses

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Statement of Changes in Trust Capital

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group Statement of Financial Position

As at 30 June 2024

Te Kāhui o Taranaki Trust & Group Statement of Financial Position

As at 30 June 2024

Signed for and on behalf of the Board of Trustees who authorised these financial statements for issue on 18 September 2024:

Te Kāhui o Taranaki Trust & Group Statement of Cash Flows

For the year ended 30 June 2024

Statement of Cash Flows

Te Kāhui o Taranaki Group

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te

Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te

Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te

Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

Te Kāhui o Taranaki Trust & Group

Notes to the Financial Statements

For the year ended 30 June 2024

INDEPENDENT AUDITORS REPORT

To the Trustees of Te Kāhui o Taranaki Trust

Report on the Audit of the Financial Statements

Opinion

We have audited the financial statements of Te Kāhui o Taranaki Trust and its subsidiaries (the Group) on pages 4 to 28, which comprise the statement of financial position as at 30 June 2024, which comprise the consolidated statement of financial position as at 30 June 2024, and the consolidated statement of comprehensive revenue and expenses, consolidated statement of changes in trust capital and consolidated statement of cash flows for the year then ended, and notes to the consolidated financial statements, including material accounting policy information.

64 to 92,

In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Group as at 30 June 2024, and its financial performance and its cash flows for the year then ended in accordance with New Zealand equivalents to International Financial Reporting Standards Reduced Disclosure Regime (NZ IFRS RDR).

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (New Zealand) (ISAs (NZ)). Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Group in accordance with Professional and Ethical Standard 1 (Revised) Code of Ethics for Assurance Practitioners issued by the New Zealand Auditing and Assurance Standards Board and the International Ethics Standards Board for Accountants’ Code of Ethics for Professional Accountants (IESBA Code), and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Other than in our capacity as auditor we have no relationship with, or interests in, the Group of any of its subsidiaries.

Other information

The trustees are responsible on behalf of the Group for the other information. The other information comprises the Annual Report but does not include the financial statements and our auditor’s report thereon.

Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If based, on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Emphasis of Matter

As disclosed in note 14 to the financial statements the Group has invested in Te Pūia Tāpapa Limited Partnership. The Audit was incomplete for Te Pūia Tāpapa Limited Partnership as at the approval date of these financial statements. Also the draft 30 June 2024 financial statements are not yet available and therefore the Group has used Te Puia Tapapa's 31 March 2024 internal management accounts to record the value of its investments. We are unable to determine whether any material adjustments needs to be made to the carrying value of investment as the information is not yet available. We have not modified our opinion in respect to this matter.

Trustees Responsibilities for the Financial Statements

The trustees are responsible on behalf of the Group for the preparation and fair presentation of the financial statements in accordance with NZ IFRS RDR, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible on behalf of the Group for assessing the Group’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Group or to cease operations, or have no realistic alternative but to do so.

Auditors Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (NZ) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A detailed description of the auditors’ responsibilities including those related to assessment of risk of material misstatement, evaluation of appropriateness of going concern assumptions and determining key audit matters are available on the external reporting board website: http://www.xrb.govt.nz/standards-for-assurance-practitioners/auditors-responsibilities/auditreport-7/

Restriction on Distribution or Use

This report is made solely to the Trustees, as a body, in accordance with Section 11.2 of the Te Kāhui o Taranaki Trust Deed. Our audit has been undertaken so that we might state to the Trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Trustees, as a body, for our audit work, for this report, or for the opinions we have formed.

Town Silks Audit Chartered Accountants Ltd Whanganui, New Zealand

Date: 17 September 2024

Cameron

Minutes of the 2023

Annual General Meeting

AGM

In person and Zoom Webinar

Present:

Adrian Taylor

Aisha Ross

Albie Tipene

Alene Spice

Alex Puanani Tahau

Alice Burnett

Amokura Panoho

Angie Walters

Anika Bailey

Aroha Stewart

Betty Jones

Cary FitzGerald

Casio Austin

Cathryn Buttimore

Chris Commane

Daneil Manu

David Jones

Dennis Ngawhare

Dionne Ngaia

Elizabeth Albert

Ellen Seebeck

Fay Mulligan

Fay Patene

Frances England

Frances Kahui

Hayden Patene

Hayden Wano

Hine Aperi

Hinemarie Bailey

Hinetāmiro Ratima-Longtime

Hokipera Ruakere

Jade Smith

James (Fraser) Geary

Jamie-Lavinia Te Nana

Jan Manu

Jayla-Lisa Grindlay-Mullin

Jess Wipatene

Jesse Hona

Joshua Hitchcock

Justyn Tawhai

Kara Tuuta

Kara-Mae Grindlay-Mullin

Karen Wall

Karmin Erueti

Kathryn George

Katie Walsh

Kianu Wallace

Kumeroa Pihama

Lewis England

Liana Poutu

Linda Kopu

Lisa Ison

Mahara Okeroa

Marama Ratahi

Marama Witehira

Maria Hokopaura

Mark Wipatene

Megan Somerville

Mina Mathieson

Mokoia Coe

Morena Shute

Narlissa King

Natalie Cameron

Ngahina Capper

Ngahina Hohaia

Ngawai Terry

Nikau Wallace

Pat Bodger

Patricia Rangi

Patrick Phillips

Peter Moeahu

Piki Ngawhare

Puna Wano-Bryant

Rachael King

Rameka Preston

Rauna Ngawhare

Rawinia Leatherby-Toia

Raymond Tuuta

Richard Travers

Rihimona Ratahi

Robina Bedwell

Robyn Davey

Saraha Wano-Hayman

Sera Gibson

Sharron Steen

Shaye Witehira

Shona Manukonga

Simon George

Sonia Brown

Sonja Ngaia

Stacey Taingahue

Stuart Kneebone

Sue Phillips

Susanne Owen

Taane Mihi Ata Hohaia

Taiariki Rangihaeata

Tane Manukonga

Tania Stokes

Tapakione Skinner

Tapiukura Young

Apologies: Saturday 14 October 2023 10:00 —1:00

bee wesTon

chris TainGahue

dave campbell

eliza campbell

error ruakere

hineranGi edwards

Jackie TainGahue

JaNiNe luke-taamaru

Josephine smiTh

JuNe daViS

kurT smiTh-komene

maakere edwards

matiu raNGiauia

michael mason

morGana waTson

Te Aroha Hohaia

Te Ingo Ngaia

Te Kira Longtime

Te Maramatanga Hohaia

Te Whiti Orongomai Mason

Teresa Steer

Timoti King

Tina Taiaroa

Tiri Bailey

Tokatumoana Walden

Tokatumoana (Joshua) Walden

Tuhi-Ao Bailey

Tui Rangi

Tupaia Edwards

Tuteri Rangihaeata

Vanessa Sidney-Richmond

Vicki Monk

Waiora Hohaia Ashby and Whakaarahia Tairawhiti-Kukutai

nadya wesTon-Jacobson

naThan TainGahue

paTina edwards

pikiTeora wesTon-Jacobson

QueNtiN NGaia

sharniqua

wesTon-Jacobson

sTacey sniTh

susan TainGahue

Te ahiwera nGaia

Te wairere nGaia

TimoThy mason

Vicki erueti

will edwards

Jacqui kinG (chair) presided over approximaTely 120 aTTendees wiTh TrusTees: aroaro TamaTi (depuT y chair), Jamie TuuTa, leanne horo, daniel harrison, miaana paTene, sharlene maoaTe-davis, andy kniGhT (Taranaki iwi holdinGs lp, chair) and wharehoka wano (ceo).

1 MIHI/KARAKIA

a. Mihi whakatau: Fay Mulligan and Tane Manukonga. Meeting opened at 10.06am.

2 APOLOGIES

Apologies noted from Zoom chat, apology registers and via email.

Vote

‘THAT the Apologies are accepted for the Annual General Meeting 2023.’

Move: Andy Knight

Second: Tokatumoana Walden

Against: Nil Carried

3 CONFIRMATION OF MINUTES FROM 15 OCTOBER 2022

Vote

‘THAT the minutes for the Annual General Meeting held on 15 October 2022 (via Zoom) be approved as a true and accurate record’.

Move: James Geary

Second: Mark Wipatene

Against: Nil

Carried

3.1 MATTERS ARISING FROM THOSE MINUTES

Nil 4 INTRODUCTION

a. Opening whakawai and kōrero by Jamie Tuuta. General housekeeping, health & safety and ballot box information advised.

b. The Chair welcomed whānau to the 2023 AGM both inperson and online, introduced the Board and outlined the agenda noting page 90 insert to the AGM booklet. Trustees will present each whenu in more detail.

4.1 WHENU AND VALUES

a. The Chair outlined the Whenu and Values.

5 YEAR IN BRIEF

a. The Chair acknowledged Dennis Ngawhare who departed last year and was replaced by Miaana Patene. Aroaro Tamati, Daniel Harrison and Leanne Horo were reelected as your Trustees.

b. Whenu highlights

Taranakitanga: An overall increase of 1500 in our adult membership along with minors turning 18yrs. Strong representation in Taranaki (30%) Wellington, Auckland and Australia.

Taiao: Taiao team increased by 10 with rāhui being a part of that.

Whanake mai ai: Continue to build capability across a range of activities and to develop our uri with internships and cadets, and grants as an example of this.

Taketake Tangata: Te Ruruku Pūtakerongo our Maunga settlement was important, and we had good participation from Taranaki Iwi uri.

Kawe Whakahaere: We acknowledge the operations and give special acknowledgement to Fran Davey for the massive contribution she made to our team.

5.1 STRATEGIC WHENUTARANAKITANGA

Whiria te muka - the muka strands are strong when woven together. (presented by Aroaro Tamati)

a. Taranakitanga has consistently been the top priority for our whānau, and we have looked at attending cultural events such as the Koroneihana, Taranaki Tū Mai, Tiripoua, Xtreme Hip Hop, Mounga Reo are all ways of building our connection and identity.

5.2

STRATEGIC

WHENU - TAIAO

Uwhia te huhi - speaks to the importance of water and our wetlands that give us life and sustain our environment and biodiversity (presented by Sharlene Maoate-Davis).

a. The Rāhui was a big focus for us this year and a Takutai team was established to support this kaupapa. Water monitoring, planting, predator-free, maintaining our cultural sites and the development of a GIS platform have been part of the focus for the Taiao team.

5.3

STRATEGIC WHENUWHANAKE MAI AI

Puia ki te hauangi - speaks to the distribution of seeds and favorable conditions for growth and development (presented by Miaana Patene).

a. Internships, cadetships, work placements and opportunities for uri to work in the iwi space along with our education grants and scholarships are all about growing the capacity of our uri.

5.4 STRATEGIC WHENUTAKETAKE TANGATA

Takea ki te pūtake - our mounga provides the foundation of authority to stand and represent (presented by Leanne Horo).

a. We are well represented in various forums, nationally, with the National Iwi Chairs Forum (NICF) and locally with Ngā Iwi o Taranaki (NIOT), and the various councils along with Te Punanga Ora and Te Korimako o Taranaki, to name a few. Ensuring our voice is heard and we are responding to the various legislation changes that affect our settlement through submissions and attending the appropriate forums to voice our position is important work.

5.5 STRATEGIC WHENUKAWE WHAKAHAERE

Rurungia ki te pā whakaruru - providing shelter from the elements for protection and growth (presented by Daniel Harrison).

a. Ka Uruora, both the savings scheme which has seen increased participation and the housing programme that has seen 11 whānau into homes, is exciting.

6 TARANAKI IWI COMMERCIAL GROUP

(Presented by Andrew Knight, Chair of Taranaki Iwi Holdings LP)

• Te Kāhui o Taranaki Trust

• Taranaki Iwi Holdings LP

• Taranaki Iwi Fisheries Ltd

a. Overview:

• It has been another profitable year for the group despite things being tough.

• Interest rates are going up, making the investment environment a bit more challenging. We’ve had a lot of volatility in overseas benchmarks, but our cash generation has been good and we’re progressing well.

• Our programs have worked well, and we are doing well compared to others. Many who have been around longer haven’t been able to put structures in place as quickly and we should be proud of that.

• We paid $2.7m to Te Kāhui and we’re aiming to wind back cash on-hand to invest in assets that are delivering a mix of commercial returns as well as creating engagement opportunities and impact outcomes.

• The creation of investment partnerships and collective entities, like Hāpai, has been successful. By collectivising and joining with other iwi we’ve been able to get capability and scale. This has enabled us to employ people to manage the delivery of outcomes in a more cost-effective way as well as providing opportunities to do things we wouldn’t otherwise be able to do.

• We’ve reflected Taranakitanga through some of the investments and by taking a leadership role in the set-up, therfore having some influence in how things develop.

• We are in the process of recruiting additional director(s), and we are pleased with the interest shown so far.

b. Financials:

• For the first time in six years, returns were down from the previous year. We have had a pretty good run, largely due to the structure of our portfolio. We didn’t lose money overall, we’re still profitable and able to maintain paying dividends.

• We have a few managed funds which we regularly review to ensure the portfolio is well balanced

7 FINANCIAL REPORT

(Presented by Adrian Taylor, Director of Vanburwray Chartered Accountants)

a. Financial performance summary:

• The consolidated financial statements are made up of the Commercial Holdings, Taranaki Iwi Charitable Trust and Te Kāhui o Taranaki Trust. Silks Audit scrutinises and audits the financial statements and provides an unqualified clean audit report.

• There weren’t any major issues, which has been the case for a few years now. There are robust systems and controls in place, with regular reviews and scrutiny by the board.

Questions

• Peter Moeahu: Thank you, and congratulations to the team for their efforts.

b. Vote

‘THAT the Annual Report, Auditor’s Report, and the Accounts of Te Kāhui o Taranaki Trust and Group for the financial year ended 30 June 2023 be received and adopted.’

Moved: Te Aroha Hohaia

Second: Peter Moeahu

Against: Nil

Carried

8 APPOINTMENT OF AUDITORS

(presented by Jacqui King)

a. The Auditor appointment review process is undertaken every four years. Last year we reengaged the services of SILKS Auditors to undertake this auditing process.

b. Vote

‘THAT Te Kāhui o Taranaki Trust & Group appoints SILKS Audit Chartered Accountants as the Auditor for the 2023/2024 financial year.’

Move: Timoti King

Second: Shona Manukonga

Against: Nil

Carried

9 TE KĀHUI O TARANAKI TRUST ELECTION

a. The Ballot box will close at the conclusion of the AGM. The Ballot box is overseen by Vanburwray and the contents will

be returned to Elections NZ. Results will be notified during the week.

b. Nominations for the three vacancies are Jamie Tuuta, Jacqui King, Hayden Wano and Vanessa Sidney-Richmond. We wish all candidates well and thank them for being courageous to stand for election.

10 HIGHLIGHTS AND OVERVIEW

(presented by Wharehoka Wano)

a. The strategic plan ensures our aspirations are carried out through the activities that we deliver, and these are some of focus for the current financial year.

• Pou Whakatoka: This role has been advertised on SEEK. One of the key areas of feedback and focus has been around the role that Te Kāhui might play in supporting our cultural development more broadly as an iwi.

• Hui ā-Iwi and Marae/Pā Hapū hui will be held twice each during the year.

• Pāhake Christmas hākari is set for Dec 8, 2023.

• Kāhui Pāhake will be established in 2024.

• Tiripoua Feb 2024 will be held at Ōpunakē Beach on 17 Feb 2024.

• Whare Taiao currently houses the Taiao team and the Nursery.

• Kai network and distribution project. The Tātai Tangata ki te Whenua programme. led Pounamu Skelton and Rawinia Leatherby-Toia, has been successful and has been picked up by other iwi.

• Impact Investing: The Board has been developing an impact investing framework to look at prioritising social impact kaupapa we can focus on.

• Hapū development: The Hapū E Tū Fund provides three grant options.

1. Up to $2,500 annually i.e. to support wānanga/ whanaungatanga, advert, kai, venue etc.

2. Up to $5,000 one off i.e. to seek mandate to establish as an entity of some sort.

3. Up to $10,000 annually to support mandated hapu activity.

• Housing development: We’re busy in the housing development space and we will have several houses ready for whānau to move into and it’s going to bring whānau home.

• Te Ruruku Putakerongo: With the Maunga Deed recently signed, the Bill will go through parliament in 2025.

• Iwi Representation: We will continue to prioritise our representative roles.

• Koiwi Repatriation: There are roughly 80 koiwi scattered

across the motu at a range of different institutions, museums or medical schools, and they have some provenance to Taranaki. More information will be provided when a plan for repatriation is finalised.

• Risk Management Framework: We will finalise this important framework.

• Ngāmotu House: We will take up tenancy once the refurbishment is complete in mid 2024

11 GENERAL BUSINESS

• Will there be a tari in Ōpunakē?

We are looking at an option to purchase a building in Ōpunakē

• How do we get the Rāhui extended?

With the information we are gathering from our Pū Kawa indicating the reefs need more time we will use this data to request an extension, if that is the wish of Marae/Pā and Hapū.

• Can Iwi board representatives provide reports back to Marae/Pā Hapū?

Our team will look to update at Marae/Pā Hapū hui.

• Acknowledge Kāhui Pāhake hui initiative which is being instigated.

• Have we thought about papakainga for whānau land? Yes, papakainga housing needs further exploration.

• Has there been a change in our Iwi narrative?

It is important that if there is a change in our Iwi narrative that we are informed, that we have wānanga on those narratives to ensure that our whānau, our tūpuna and their stories are treated with respect.

The Iwi narrative or Historic Account is based off the mahi and the work completed during settlement by our pāhake many of whom have passed, it was a robust lengthy process. It is also noted from the floor that there are other sources that may not have been available at that time, and other kōrero might come about later. It’s not necessarily changing a narrative, rather adding to a narrative or growing a narrative.

• Will we be investing in the Offshore Wind Project?

Offshore Wind is a way off, but we are looking at Renewable Energies as an opportunity and working with Ngā Iwi o Taranaki on a renewable energy strategy. Investing could be an opportunity, but we need to do due diligence.

• Can we re-establish Kāhui Taiohi - 16-30 year old?

We will look at options for a Kāhui Taiohi.

• We acknowledge Maria Hokopaura, Ngawai Terry, Carl ‘Poddy’ Owen & Mawene Bidois for support of Ngā Māhanga in Taiao space.

• Can we review Pātaka Whata? Have had some issues with the standard of the fish

Yes, this was raised previously, but hearing that it has not improved is disappointing, so we will follow that up.

Pānui

• Kiingi Tuheitia Pootatau Te Wherowhero VII will be visiting Parihaka on 18 November. The itinerary will be discussed at the18th and 19th of October and advised.

• Te Matatini 2025, to be held at TSB Bowl of Brooklands.from 24 February to 1 March 2025. Ngā Iwi o Taranaki will support with manaaki of that kaupapa.

• And lastly, thank you team you have done a stirling job.

• A group photo will be taken at the conclusion of karakia.

12 CONCLUSION

a. It has been an honour and a privilege to serve you and I don’t say this lightly. To serve on the board and as your chair inspires me every day and you inspire all of our board to do whatever we possibly can to advance your kaupapa.

Mihi ki te whare, whakakapi i te hui, nā Tane Manu at 1.02pm.

Taranaki Iwi Rohe

Oākura Pā / Okorotua.

Te Niho o Te Atiawa / Parāhuka

Te Paepae o te Raukura / Takitūtū Toroanui

Te Pōtaka

Opunake Puniho Pā / Tarawainuku.

Note: this map denotes the treaty settlement boundaries, it does not represent the traditional boundaries of Taranaki Iwi.

Orimupiko

New Plymouth