Large iwi group ‘flabbergasted’ at Kiwibank investment silence

Te Ao Māori

3 mins to read

Key points

What's at stake: Māori economic inclusion in strategic national asset investment.
Background: Government seeks $500 million domestic investment to grow Kiwibank.
Main players: Macquarie Capital, Kiwibank Group Capital, Iwi Māori, Ngāti Toa CEO Helmut Modlik.

Te Rūnanga o Toa Rangatira (Ngāti Toa) chief executive Helmut Modlik expressed surprise and disappointment that Māori iwi groups, including his own, have not been directly approached by Macquarie Capital about potential investment opportunities in Kiwibank, calling the oversight

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Mike McRoberts Tue, 15 Jul 2025

Contact the Writer: Mike@nbr.co.nz

News tip? Question? Typo? Let us know: editor@nbr.co.nz

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