How New Zealand’s top iwi have grown assets to $8.2b
New figures have revealed the assets of our ten biggest iwi stands at $8.2 billion. A recent report from consultancy firm TDB Advisory shows the assets only rose by $100m in the last three years, a slightly better return than 2023 – as the economic turmoil over the last five years continues to have an impact on their investments. Covering everything from property, to farming, to managed funds and offshore opportunities, many of these iwi own assets that have an impact on our day-to-day lives, so how do they compare to some of our biggest investment firms? To explain where iwis have their money, today on The Front Page, TDB Advisory director Phil Barry is with us to dive into this report. Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts. You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network. Host: Chelsea DanielsSound Engineer/Producer: Richard MartinProducer: Ethan SillsSee omnystudio.com/listener for privacy information.