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A new investment company has been launched
with Maori at the helm.
Their aim is to grow Maori savings under the auspices of KiwiSaver.
'Maximise your potential' is the vision used
to embark on a plan to change financial habits
and improve the wealth of ordinary New Zealanders.
This vision enables families
to improve how they manage and grow their savings
by applying uniquely Maori values.
Under the KiwiSaver plan, very few Maori have joined.
The aim now is for many more to be encouraged to join.
To begin with, the government contributes
towards every person who joins.
There aren't many Maori in this scheme.
The government has put $4b towards this.
Compare that to Treaty settlements, with a total of only $1b.
A new pathway that's opened to others, including
to those our Pasifika peoples.
Hinerangi Goodman, Te Karere.