General Discussion
In reply to the discussion: Now that we're finally purging America of the Confederacy's toxic remnants..... [View all]meadowlander
(5,133 posts)the Waitangi Tribunal resulted in treaty settlements being granted to Maori iwi on the basis of the Crown breaking the terms of the Treaty of Waitangi (which made New Zealand a colony of the British Empire but guaranteed rights to Maori to their lands, waters, ancestral sites, etc).
Various iwi settled with the Crown. Ngai Tahu was granted blocks of land to be developed for communal housing and shares in various semi-nationalised companies. For example, when New Zealand was creating a fisheries quota system, a certain block of fishing permits were reserved for iwi.
The local iwi also have first right of refusal when any state land is divested.
Ngai Tahu reinvested the settlement money and is now one of the property development powerhouses on the South Island and donates profits to community development and education/scholarship funds.
https://en.wikipedia.org/wiki/Treaty_of_Waitangi_claims_and_settlements#Ng.C4.81i_Tahu