Productivity Commission chair Ganesh Nana is backing the Reserve Bank’s efforts to address barriers to Māori business.
The bank has published an issues paper on how Māori access to capital can be improved.
Bank governor Adrian Orr says uncovering barriers for Māori business is a key to unlocking the potential of the Māori economy.
Dr Nana, who in his previous role with economic consultancy BERL did a lot to define and measure the Māori economy, says getting putea to realise their ambitions has long been a problem for Māori business.
“Māori has been grappling with this a long, long time, being at the end of the queue yet again when it comes to access to finance,” he says.
Productivity Commission is conducting its own A Fair Chance for All inquiry into what can be done to help all New Zealanders, including Māori, reach their potential.
