Story: Te Māori i te ohanga – Māori in the economy

'Treelords' deal (2nd of 2)

'Treelords' deal

In 2008 a collective of central North Island iwi made up of Ngāi Tūhoe, Ngāti Tūwharetoa, Ngāti Whakaue, Ngāti Whare, Ngāti Manawa, Ngāti Raukawa and Te Arawa iwi and hapū signed a deal for forestry in the North Island. Its total worth was nearly 500 million dollars. The large amount of money involved and the collective nature of the settlement across a range of iwi reflected an earlier fisheries settlement referred to as the Sealord deal, because a fisheries company of that name was part of the settlement. Hence the forestry settlement came to be known as the 'Treelord' deal.

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Alexander Turnbull Library
Reference: DCDL-0007017
Cartoon by Malcolm Evans

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

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How to cite this page:

Basil Keane, 'Te Māori i te ohanga – Māori in the economy - Māori economy in the early 2000s', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/cartoon/25794/treelords-deal (accessed 11 August 2020)

Story by Basil Keane, published 11 Mar 2010