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A Māori economist says dairy, beef, sheep, and tourism—key Māori economic sectors—have lifted New Zealand out of recession, but more is needed to balance economic and social growth.
Download AudioA Māori economist says dairy, beef, sheep, and tourism—key Māori economic sectors—have lifted New Zealand out of recession, but more is needed to balance financial and social growth.
Stats NZ data shows that the GDP rose 0.7% in the last three months of 2024, pulling New Zealand out of a technical recession, though it remains 1.1% lower than a year ago.
Massey University Professor Matt Roskruge says the Māori economy is growing but isn’t yet self-sufficient enough to improve everyday whānau wellbeing and sustain its assets long-term.
“So, yes, it’s balancing those two. You know, do we put our money in places where it’s going to make more money, or do we put our money in places where it’s going to benefit our whānau the most?” says Roskruge.
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