The New Zealand Herald

Nga¯puhi

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The Northland iwi’s final treaty settlement with the Crown is still under negotiatio­n.

Nga¯ puhi currently has 73 per cent of its assets in a combinatio­n of cash and term deposits, fisheries settlement quota and Moana NZ income shares.

Nga¯ puhi’s fisheries assets are recorded at cost and are not subject to revaluatio­ns. As a result, fisheries assets have not recorded any increase in value, aside from a minor addition to the value of the quota.

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