Māori economy rose 37 percent to 2018 - report
Newshub
28/01/2021
Business is booming in the Māori economy, according to a Reserve Bank report released Thursday.
Māori business grew nearly twice as fast as the rest of the country between 2013 and 2018, and it may be better placed to deal with COVID-19.
Wakatū's Tohu Wines is the world's first Māori wine company.
Worth 11 million dollars in 1977, Whakatu is worth $350 million today.
"We've applied that methodology for 40 years and come from nothing to where we are today," Wakatū Chair Paul Morgan told Newshub.
Agriculture, fishing and forestry have long been the backbone of the Māori economy.