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Speaker 1: So we've got new data out from A and Z

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Speaker 1: showing that the Marti economy is outperforming some of the

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Speaker 1: country's largest listed companies. Research suggests that EWE and Hapoo

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Speaker 1: owned entities have emerged from the economic downturn and pretty

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Speaker 1: good shape actually, and they perform better on a returns basis.

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Speaker 1: Tama Putaka is the Marti Development Minister with us.

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Speaker 2: Good morning, Tama, Thank you to Heather. How are you

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Speaker 2: going very well?

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Speaker 1: Thank you? What are they doing right?

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Speaker 2: Oh? Look, you know many of the EWE and Marti

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Speaker 2: businesses are landing people base, they have low debt levels

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Speaker 2: and often it's the generational players. So getting the opportunities

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Speaker 2: to build out things like the Dukulda Logistics Upham Hamilton,

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Speaker 2: That's what many of the we are all about.

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Speaker 1: We're often using the Wycuttle case rights as an example

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Speaker 1: of how you know we are doing well? But is

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Speaker 1: this I mean obviously apart from them and Naitahu, what

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Speaker 1: are the others up to? Are they doing as well well?

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Speaker 2: You might have noticed a report just recently about ninety

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Speaker 2: five to Ka partnering to rebuild Eastcliff up at Eastalklan

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Speaker 2: cent talking just across the water from where you are

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Speaker 2: heather and there's a number of EWE who are working

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Speaker 2: together have gone from about zero dollars to about a

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Speaker 2: half a billion dollars worth of properly together, it's about

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Speaker 2: thirty EWE and mini groups working together in a business

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Speaker 2: known as harpey What toma?

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Speaker 1: What have we we got? These three examples that are

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Speaker 1: the ones that are often used as nati fatawa na

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Speaker 1: tahu tai nui are they sort of like leaps and

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Speaker 1: bounds ahead of all the.

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Speaker 2: Other EWI Well, I think there are some E regroups,

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Speaker 2: but there are also some land based organizations like trust

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Speaker 2: people or groups that own gfmal power stations in the

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Speaker 2: middle of the North Isron groups that own massive dairy

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Speaker 2: farm holdings throughout the country, particularly places like Tatanaki and

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Speaker 2: m King Country. So pkaw And Corporation is a great

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Speaker 2: example in tutenak At, the largest owner of Fonterra shares.

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Speaker 2: Down that way.

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Speaker 1: What happens to the profits, well.

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Speaker 2: Profits as they are to be made, and a lot

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Speaker 2: of the reports around balance sheet growth heither rather than

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Speaker 2: profit and lost growth are often reinvested into the business

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Speaker 2: and sometimes help out with charitable purposes or pharmo purposes,

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Speaker 2: for example, helping comart to get ex to healthcare. Audo ka,

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Speaker 2: I've got something fantastic which has helping pay for health

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Speaker 2: insurance so many of their ewing members have better access

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Speaker 2: to health n IBM.

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Speaker 1: Do you ever show this to PuO up North and

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Speaker 1: say you need to sign. This is what happens if

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Speaker 1: you sign?

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Speaker 2: Oh well, I think the challenges are North a little

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Speaker 2: bit different, but they've got their own pathway. But what

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Speaker 2: I'm really focused on is making sure I support and

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Speaker 2: work with people like Paul Goldsmith who leading the Tree

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Speaker 2: client process, and that can lead to mess and a

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Speaker 2: messive not just tribal growth, but regional economic growth. And

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Speaker 2: it's really energizing for me to know that marya strong

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Speaker 2: contributors to the national economy.

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Speaker 1: Good stuff, Thoma, Thank you very much for your time.

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Speaker 1: Is always time of Paul tak a Marti Development Minister.

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Speaker 1: For more from the mic Asking Breakfast, listen live to

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Speaker 1: news talks.

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