Mapping the Māori marine economy
The Māori marine economy (MME) has emerged out of Māori responses and adaptations to Crown-created institutions and structures that are different from traditional Māori institutions.
These institutional structures place limitations on the commercial options available to Māori entities and create tensions between traditional economic forms of organisation and the contemporary corporate-beneficiary approaches.
Despite these constraints, the vast majority of Māori entities are engaging and succeeding in the marine economy.
The level of activity exists on a spectrum, from those engaged in Annual Catch Entitlement (ACE) trading and the development of joint ventures with third parties to fish quota, through to those actively fishing, processing, exporting, marine farming, and engaged in marine-based tourism.
Regarding the growth and scale of Māori assets in the marine economy, Māori have acquired an additional $321m in quota assets in relation to the $314m in settlement quota. Māori have moved from owning 10% of New Zealand’s fishing quota to 20% of New Zealand’s quota by value. There is a significant cohort of innovative and growing businesses in the MME, who are leading this growth.
The report includes a number of treemaps and other graphics to visualise the data.