Its businesses are “thriving”, according to the Mangatu Maori Incorporation website.
That was before Shane Jones’ arrival in the Gisborne region this week to distribute several million dollars of public money – among other recipients, to the thriving Mangatu Maori Incorporation.
He invited other Maori – sorry, he encouraged other Maori – to have a lick at the rich swill he is providing through the One Billion Trees Programme:
” … I am encouraging more Māori to come forward to partner with the Government through this initiative,” Shane Jones said.
The One Billion Trees Fund, launched in November 2018, offers grants to landowners – particularly Māori and farmers – to encourage integration of trees into existing land use.
“It will create economic, social and environmental benefits and support Maori to realise the potential of their land.”
Having plenty of your own money should not be an impediment to applying, it seems.
The Mangatu incorporation’s website gives a measure of what “thriving” means.
The latest financial results we could find there were for the year to September 30 2017.
These show a net profit before tax of $13.9m (compared with $18.6m the previous year) and net assets of $193.6m (up from $183m).
Continue reading “Mangatu is “thriving” – but hey, Jones has got to invest our money somewhere so let’s give them a fillip anyway”