A person in a suit waves, set against a backdrop of numerous dollar bills and a city skyline silhouette. The image suggests themes of wealth or economics.
Chris Luxon hopes his Infrastructure Investment Summit will help attract a much needed capital injection. (Design: Liam Rātana)

ĀteaMarch 13, 2025

Iwi investors enter infrastructure summit with ‘eyes wide open’

A person in a suit waves, set against a backdrop of numerous dollar bills and a city skyline silhouette. The image suggests themes of wealth or economics.
Chris Luxon hopes his Infrastructure Investment Summit will help attract a much needed capital injection. (Design: Liam Rātana)

As global investors converge in Tāmaki Makaurau, iwi leaders are looking for infrastructure deals that align with their long-term aspirations.

This week’s Infrastructure Investment Summit in Auckland is being billed as a crucial opportunity to attract global investment into New Zealand’s infrastructure. With international delegates managing a collective $6tn in assets, the government has made it clear that the summit is about sending a strong signal: Aotearoa is open for business. However, for iwi leaders attending the event, the stakes go beyond economic growth. They are looking at what the infrastructure pipeline can offer Māori – and whether they will be treated as genuine investment partners or simply stakeholders with interests to be managed.

The iwi investment landscape

Iwi have increasingly taken a strategic role in infrastructure investment, particularly in areas that align with their natural resources, landholdings, long-term economic sustainability and broader aspirations for whenua development. While Ngāi Tahu and Ngāti Whātua have well-established investment footprints, others such as Ngāti Toa Rangatira and Ngāpuhi are now looking to expand their portfolios.

Ben Dalton, chair of Tupu Tonu – the Ngāpuhi investment fund – says Māori investors are entering the summit with a clear strategy. “We’re interested in investing in critical infrastructure that’s important for Māori. We have to go in with our eyes wide open,” he says.

Dalton points to the Northland Expressway as an example of the types of large-scale projects iwi could be involved in. The expressway, announced as a key focus of the summit, will be delivered as a public-private partnership (PPP), opening the door for both local and offshore investors to buy in to. For Tupu Tonu, the expressway is just one example of the many infrastructure opportunities that Māori could be involved with, alongside tourism ventures and energy investments such as solar farms.

One area of immediate interest is Northport. As part of a consortium, Tupu Tonu recently put in a conditional offer for a 7% stake in Marsden Maritime Holdings, which owns and operates the deep-water commercial port near Whangārei. With discussions ongoing about the future governance of the port, iwi investors are positioning themselves as long-term partners in Northland’s economic development.

A vast green field with rows of solar panels under a blue sky with scattered clouds. Mountains and trees are visible in the background.
Tupu Tonu is a partner in a solar energy project on farmland near Maungaturoto in Northland (Photo: Supplied)

“If you want to be a 21st-century iwi moving forward, then surely you’d want to own a percentage of the infrastructure that we all depend on,” Dalton says. “Somebody’s going to buy it; why shouldn’t it be an iwi from the north?”

A consortium approach?

One of the key challenges for Māori investment in infrastructure has been scale. Many iwi hold significant land assets – an MPI report identified 82,000 hectares of Māori land within a 50km radius of Kaikohe alone – but converting those assets into capital-intensive infrastructure projects requires coordination.

Iwi investment in infrastructure is part of a larger shift in Te Ōhanga Māori, with the Māori economy contributing up to 17% of New Zealand’s economic activity and its asset base nearly doubling to $126 billion since 2018. Māori collectives already own half of all agriculture, forestry and fishing assets, and iwi are now expanding into transport, energy and urban development. With Māori exports reaching $1.35bn in 2023, iwi are key economic players, seeking long-term, strategic investment partnerships.

Dalton says Tupu Tonu is actively exploring co-investment options with other iwi, with the goal of forming a consortium of four or five groups. This would allow iwi to pool resources, spread risk and secure stronger positions in major projects.

‘He mea tautoko nā ngā mema atawhai. Supported by our generous members.’
Liam Rātana
— Ātea editor

Housing remains an area of domestic focus for many iwi, given its direct social impact. But Dalton stresses that for large-scale critical infrastructure, iwi must be prepared to navigate the complexities of foreign partnerships and private-sector funding models.

The summit comes at a time when New Zealand faces a $204bn infrastructure deficit. With the government committed to reducing the national debt-to-GDP ratio, large-scale investment will rely on private capital, including foreign investors. However, the coalition government’s focus on cutting public spending raises questions about how public infrastructure will be sustainably funded in the long term.

Public-private partnerships are being presented as a solution, but their track record overseas suggests acting with caution is wise. While PPPs can accelerate project timelines and shift financial risk off government books, they often come with long-term financial obligations that extend beyond the terms of the governments that sign them. For iwi looking at 50-to-100-year investment horizons, the question is not just about immediate gains, but about how these projects will serve future generations.

“If we’re going to invest in infrastructure, it has to suit our whenua, our people, and our long-term aspirations,” Dalton says. “These things will last a lot longer than any of us will.”

A key development shaping the summit discussions is the government’s introduction of the Fast Track Approvals Act, alongside its reform of the Overseas Investment Act and the Public Works Act. The changes aim to shift the regulatory framework from one that boosts foreign investment in Aotearoa and treats any investment in sensitive assets as a privilege to one that assumes investment is beneficial unless proved otherwise.

The reform of the Overseas Investment Act introduces a fast-track consenting process for significant business assets and some sensitive land – though farmland, residential land and fishing quota remain excluded. While this is expected to streamline investment approvals, it does not address longstanding concerns about the complexity of the regime, particularly for Māori landowners and investors.

The government’s efforts to make Aotearoa more attractive to foreign capital are significant but some argue the reform falls short of a full legislative reset. Many of the core barriers to investment – including strict farmland advertising requirements and outdated land-use classifications – remain in place. For iwi investors looking at infrastructure partnerships, the question remains whether these reforms will make it easier to engage in co-investments with offshore partners or if the same regulatory hurdles will persist.

Man with short hair and glasses, wearing a black vest over a dark shirt, sits at a wooden table with his arms crossed. The background is plain white.
Tupu Tonu chair Ben Dalton (Photo: Supplied)

Who’s in the room?

Senior government ministers, representatives from global pension and sovereign wealth funds, major banks and construction and engineering firms will be at the summit, which runs today and tomorrow at a venue in Auckland’s CBD. New Zealand Super Fund and ACC are also attending, alongside iwi investment groups, and media will of course also be there (though not The Spinoff, which was denied accreditation due to the media room being “oversubscribed”). Anti-privatisation protesters are planning to demonstrate outside the venue. The discussions will centre on transport, health, education, courts and corrections, and natural resources, with specific attention on growth sectors like aquaculture, renewable energy and clean technology.  

Among the major global firms attending are Abrdn, Brookfield Asset Management, Copenhagen Infrastructure Partners, and Macquarie Group, alongside construction giants ACCIONA, CIMIC Group, and Hyundai Engineering & Construction. A significant presence of pension and sovereign wealth funds, including Khazanah Nasional Berhad, OMERS Infrastructure and the Korea Investment Corporation, signals the level of capital being chased.

From Aotearoa, entities such as Ngāi Tahu Holdings, Ngāti Whātua Ōrākei Whai Rawa, Tainui Group Holdings and Tupu Tonu will be among the iwi investment representatives, demonstrating the growing role of Māori investment in infrastructure.

While Māori land and resources are being increasingly recognised as critical to the national economy, the challenge remains in ensuring iwi have a meaningful role as decision-makers, not just beneficiaries. Whether the Infrastructure Investment Summit delivers tangible outcomes for Māori investors remains to be seen. But what is clear is that iwi are arriving at the summit not just as observers, but as key players with ambitions to shape the future of New Zealand’s infrastructure – on their terms.

This is Public Interest Journalism funded by NZ On Air.

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An older man with white hair is shown in black and white against a yellow background with circular and rectangular patterns featuring various intricate Māori motifs.
John Tamihere, chief executive of the Whānau Ora Commissioning Agency. (Design: The Spinoff)

OPINIONĀteaMarch 11, 2025

What’s behind the Whānau Ora overhaul?

An older man with white hair is shown in black and white against a yellow background with circular and rectangular patterns featuring various intricate Māori motifs.
John Tamihere, chief executive of the Whānau Ora Commissioning Agency. (Design: The Spinoff)

The first changes in more than a decade have created uncertainty for 600 kaimahi – what happens next?

Last week, Whānau Ora made headlines with confirmation that the current North Island commissioning agency – the John Tamihere-led Whānau Ora Commissioning Agency (formerly Te Pou Matakana) – will end its role on June 30. The announcement sparked backlash from Te Pāti Māori, which labelled the decision by Te Puni Kōkiri a “political attack on the very existence of Māori-led solutions” and claimed the government was throwing away “20 years of success”.

On the same day, secretary for Māori Development (the head of Te Puni Kōkiri) Te Dave Samuels defended the move, saying that a fair and proper procurement process had been followed and that new commissioners would be announced once contract negotiations were completed in April. Later that evening, Te Rūnanga o Toa Rangatira publicly confirmed its “new role in the commissioning space for Whānau Ora, delivering vital services across Te Ūpoko o Te Ika, Manawatū-Whanganui, Taranaki, Heretaunga, Tairāwhiti and Waiariki”.

The conflicting narratives – one framing the decision as a devastating political move, the other as an exciting step forward – have left many wondering what’s actually happening. While full details remain confidential, what is clear is that at least one existing bidder (the Whānau Ora Commissioning Agency) was unsuccessful, while Te Rūnanga o Toa Rangatira is among those selected.

A brief history of Whānau Ora

In essence, Whānau Ora is a Māori approach to delivering social and health services to whānau. As a publicly funded initiative it’s existed in various forms since 2002, but embedding it as a core government approach was a landmark achievement of Māori Party leader Kahurangi Tariana Turia, something secured as part of a confidence-and-supply agreement between the Māori Party and National in 2008. The kaupapa emerged, following the report of a Ministerial Taskforce, in response to decades of government agencies dictating what was “best” for Māori, rather than recognising whānau as decision-makers in their own right. Given that history, many in the sector now fear the programme’s original intent is being eroded.While National largely moved away from explicit Māori-focused policies in the early 2010s, Whānau Ora was an exception – thanks to Turia’s leadership and her strong working relationship with then finance minister Bill English.

The current iteration of Whānau Ora began in 2014 with the establishment of three commissioning agencies: the Whānau Ora Commissioning Agency (North Island), Te Pūtahitanga o Te Waipounamu (South Island) and Pasifika Futures (Pacific families across Aotearoa). From the outset, each agency was given flexibility – as Te Puni Kōkiri put it at the time, “Each commissioning agency took a unique approach to the delivery of Whānau Ora, based on the needs and priorities identified through research and extensive whānau and family consultation.”

Kahurangi Tariana Turia

Whānau Ora’s impact and calls for change

Despite political controversy over the years, Whānau Ora has been widely regarded as effective. A 2018 review credited its success to culturally grounded approaches, the passionate workforce of Whānau Ora navigators, and strong provider support.

During the Covid-19 pandemic, the commissioning agencies played a critical role in supporting whānau. They distributed over 240,000 care packages to 138,000 whānau, reaching around 400,000 individuals. They also set up over 40 mobile clinics and testing stations, ensuring access to healthcare, particularly in rural areas.

However, the programme has not been without criticism. Calls for reform have largely been directed at the government rather than the agencies themselves. The 2018 review noted demand for Whānau Ora services was far outstripping funding, limiting its reach. It also found government agencies needed to better integrate Whānau Ora approaches into mainstream services and identified a need to improve service delivery in parts of the North Island. These concerns laid the groundwork for the changes we are now seeing.

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Anna Rawhiti-Connell
— Senior writer

Why the shake-up is not a total surprise

While some reactions have framed the changes as sudden, they have been in motion for months. Te Puni Kōkiri informed agencies in June last year that they would need to retender for their contracts. At the time, Pasifika Futures chief executive Debbie Sorenson said, “You can’t just keep rolling contracts year after year.”

The procurement process began with a registration of interest in October 2024, signalling a shift. Key changes included increasing the number of commissioning agencies from three to four, splitting the North Island into two separate regions and placing a greater focus on Whānau Ora navigators who work directly with whānau to help them achieve their aspirations.

Te Puni Kōkiri aimed to finalise decisions in February 2025 – so, if anything, the process appears to be only slightly behind schedule.

600 kaimahi in limbo: what happens now?

Beyond politics and procurement, the biggest concern in the immediate future is the impact on Whānau Ora kaimahi and providers. Over the weekend, reports emerged that around 600 kaimahi could be out of work.

During a radio interview earlier this week, John Tamihere said all those employed by Whānau Ora and its subsidiaries, including Waipareira Trust, would lose their jobs. “They’re not under threat – they’re over. The contracts, by contract law, have to be terminated.”

Tamihere has also indicated legal action is likely, saying Whānau Ora had “no other options under this regime”.

While the changes undoubtedly create uncertainty, the reality is that most provider contracts were always due to end in June. Pending renewal, staff and providers are not in a substantially different position today than they were last Monday.

However, the key question is whether new commissioning agencies will retain experienced staff and established provider relationships. It is unlikely that all 600 kaimahi will be left jobless – if only because the new agencies will want to capitalise on an already trained, highly skilled workforce. Even so, until the government provides more clarity around funding and contracts, anxiety will remain high.

The future of Whānau Ora: keeping the focus on whānau

Returning to the original vision of Kahurangi Tariana Turia, she often stressed that Whānau Ora was never about funding providers to “do to” whānau – it was about recognising their mana and capability. “My concern was always about how we could make sure Whānau Ora was driven by whānau first and foremost – not by governments, ministers, political parties, departments, providers, commissioning agencies – but by whānau.”

As Whānau Ora enters this next chapter, scrutiny is certain. But that must not contribute to chaos and instability. Regardless of who holds the commissioning role, the ultimate test is whether Whānau Ora funding continues to empower whānau to lead their own futures – as it was always intended to do.