How much is Tainui worth?
$1 billion
Tainui Group Holdings (TGH) took over the management and growth of the tribe’s commercial assets, worth $166m in 2003. Today those assets have increased to $1 billion. This includes The Base at Te Rapa, the Novotel Tainui in Hamilton and at Auckland International Airport, and the Ibis Tainui Hamilton.
Is Tainui a iwi or waka?
There are four principal tribes that comprise the Tainui waka. They are Hauraki, Ngaati Maniapoto, Ngaati Raukawa and Waikato (Source: www.waikatotainui.com)….Waikato-Tainui – overview.
| Waka | (Canoe) | Tainui |
|---|---|---|
| Iwi | (Tribe) | Waikato |
| Hapuu | (Sub-tribes) | 33 |
| Marae | (Whanau groups) | 68 |
| Registered tribal members* | (Individuals) | 67,000+ |
What does Tainui mean in Māori?
1. your – when talking of more than one thing. It refers to only one person and is the Tainui variation of ō being the plural of tō. A possessive determiner which must be followed by a noun, unlike āku and ōku.
What is Tainui known for?
In Māori tradition, Tainui was one of the great ocean-going canoes in which Polynesians migrated to New Zealand approximately 800 years ago. In Māori tradition, the Tainui waka was commanded by the chief Hoturoa, who had decided to leave Hawaiki because over-population had led to famine and warfare.
What is the richest iwi in NZ?
Ngāi Tahu iwi
Ngāi Tahu Holdings Corporation Limited is owned by the Ngāi Tahu iwi of the South Island of the New Zealand. Its main interests are in tourism, fisheries, property and forestry and it is among the wealthiest iwi in New Zealand. Ngāi Tahu annually contributes more than $200 million to the South Island economy.
Does Tainui pay tax?
The tribe’s commercial arm, Tainui Group Holdings (TGH), is among the entities owned by the iwi that are exempt from paying income tax.
Who is the CEO of Tainui?
Chris Joblin
The Board of Tainui Group Holdings (TGH) today announced the appointment of Chris Joblin to the role of CEO. Mr Joblin joined TGH in December 2009 as Chief Financial Officer and has been Acting Chief Executive since mid-April this year.
Is Tainui a hapū?
Hapū and marae. Waikato Tainui is made up of several iwi (tribes) and hapū (sub-tribes).
How many iwi are there in Tainui?
The Waikato-Tainui iwi comprises 33 hapū (sub-tribes) and 65 marae (family groupings). There are over 52,000 tribal members who affiliate to Waikato-Tainui. Hamilton City is now the tribe’s largest population centre, but Ngāruawāhia remains the tribe’s historical centre and modern capital.
Who was the captain of Tainui?
Hoturoa
1350). High priest and commander of Tainui canoe. Hoturoa was born in Hawaiki, the son of Auauterangi and Kuotepo, and was distantly related to Tama te Kapua. According to Maori tradition Hoturoa was middle aged when he made the voyage to New Zealand.
Do iwi pay tax?
It then continues along the lines that iwi-based businesses have a very substantial advantage over other businesses because they pay no tax.
Do Māori pay income tax?
Māori authority filing and reporting All Māori authorities must file an income tax return each year, unless they’ve completed a non active declaration. Māori authority credit accounts (MACA) Māori authority credit accounts keep track of income tax paid and credits available for their members.
How much tax do Māori pay?
The Māori authority tax rate is 17.5%. Māori authorities are free to decide whether to attach a Māori authority credit to distributions they pay, but there is a maximum ratio of credit to distributions that can be allocated.
How do I register with Tainui?
Applications for registration on the tribal register must be verified by a nominated kaumaatua from the Marae/Hapuu named on the registration form. This means that Waikato-Tainui Te Kauhanganui Inc. will need to provide the whakapapa details in your application form to the nominated Kaumaatua for review.
How many members are there in Tainui?
Waikato-Tainui is the operational entity which manages tribal affairs for its 77,000 members. The governance structure is led by two representatives of each marae, which act as its parliament and is known as Te Whakakitenga o Waikato.
Where is the Tainui waka now?
Kāwhia is the place where the ancestral waka (canoe) Tainui landed for the last time – so it is sacred to the Tainui people. The waka was tied to this pōhutukawa tree, known as Tangi-te-korowhiti, and was later buried behind Maketū marae near the present-day township.
Why did the Tainui waka leave?
Te Arawa and its crew left Hawaiki after a conflict over food resources involving Houmaitawhiti and his sons Tamatekapua and Whakatūria against the chiefs Toi and Uenuku.
Who is the richest family in New Zealand?
NBR lists richest Kiwis
- Alan Gibbs – $760 million (2021: $650m)
- Sam Morgan – $650 million (2021: $580m)
- Sir Colin Giltrap – $450 million (2021: $440m)
- John Copson – $375 million (2021: $375m)
- Drinkrow Family – $320 million (2021: $310m)
- Bruce Miles – $170 million (new entry)
- Grant Baker – $130 million (2021: $125m)