Landlord charges market rent
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- Date published:
8:39 am, July 10th, 2010 - 10 comments
Categories: capitalism, Maori Issues -
Tags: ngati whatua, rent
Last week The Herald ran this interesting piece:
Rent to start flowing for iwi land
Thousands of tenants in Auckland’s CBD face rent rises from next year as hundreds of millions of dollars worth of waterfront land begins returning income to its Maori owners. Leasehold rent payments on the ex-railway land bounded by The Strand, Quay St and Beach Rd have been suspended since Ngati Whatua bought the 20ha block in 1996. But from August next year, the iwi will begin sending monthly bills to owners of valuable real estate …
The Ngati Whatua O Orakei Maori Trust Board’s chairman, Grant Hawke, said the leasehold income would be hugely beneficial, but urged caution so the rents did not look like “a gold rush” by iwi.
Ngati Whatua O Orakei’s corporate chief executive, Tiwana Tibble, said ground rent income would benefit the iwi’s approximately 5000 members. Education scholarships were a priority. …
“We’re not going to bend over and give huge discounts. We don’t see why we have to,” said Mr Tibble. But the iwis expect a backlash, declaring in the May edition of the newsletter E wawa ra that “there could be negative media coverage aimed at Ngati Whatua as landlords”.
Landlord charges market rent – would this be “news” if the owners were not Maori? Would the land owners be so apologetic if they were not Maori? Would a backlash be expected if the owners were not Maori? Rhetorical questions one and all. We still have a ways to go, don’t we.
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- Release: Poroporoaki: Ta Robert (Bom) Gillies
Kua hinga te manawa kairākau o Te Rua Tekau Ma Waru Tiwhatiwha te po! Kakarauru i te po! Ka rapuhia kei hea koe kua riro! Haere e te Ika a Whiro ki o tini hoa kua ngaro atu ki te Pō ...2 weeks ago
- Labour, Greens and Te Pāti Māori call on the Prime Minister to block the Treaty Principles Bill
The opposition parties stand united for an Aotearoa that honours Te Tiriti, rather than seeking to rewrite it. Labour, the Greens and Te Pāti Māori are working together against the Government’s divisive Treaty Principles Bill. ...2 weeks ago
- Release: Labour, Greens and Te Pāti Māori call on the Prime Minister to block the Treaty Principle...
The opposition parties stand united for an Aotearoa that honours Te Tiriti, rather than seeking to rewrite it. Labour, the Greens and Te Pāti Māori are working together against the Government’s divisive Treaty Principles Bill. ...2 weeks ago
- NZ must pursue independent foreign policy
The Green Party says the need is greater than ever for Aotearoa New Zealand to pursue an independent foreign policy. ...2 weeks ago
- Record number of submissions received on granny flat proposal
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Attorney-General Judith Collins today announced the appointment of Rebecca Guthrie as a District Court Judge. Judge Guthrie was admitted to the bar in 1997 following her graduation from the University of Canterbury in 1996 (LLB, BA). She commenced her legal career in Hastings in 1997 before moving to London in ...1 hour ago
- Appointments strengthen Predator Free 2050
The latest Predator Free 2050 Board appointments will help to strengthen biodiversity efforts across Aotearoa New Zealand, Conservation Minister Tama Potaka says. Mr Potaka today announced two appointments to the Board of Directors of Predator Free 2050 Limited, a key player in the wider Predator Free 2050 Programme. “The Predator ...3 hours ago
- New facility in Christchurch will improve the lives of young New Zealanders
Mental Health Minister Matt Doocey today opened Kahurangi, an innovative and much-needed facility for Canterbury’s Child, Adolescent, and Family Mental Health Services. “The new state of the art outpatient facility opened today will be a gamechanger for the way mental health is delivered for young people in Canterbury,” says Mr ...3 hours ago
- Driver safety screens to be installed on Auckland buses
Transport Minister Simeon Brown has welcomed news from the NZ Transport Agency (NZTA) that bus driver protection screens will be installed across Auckland’s bus fleet by 2026.“The Government is committed to improving the safety of working environments for bus drivers, and Budget 2024 allocated $15 million of Crown funding over ...3 hours ago
- Government action provides Southland farmers more time to meet plan requirements
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- Bill reaffirms Government’s commitment to crack down on serious youth offending
The Oranga Tamariki (Responding to Serious Youth Offending) Bill had its first reading at Parliament today. The Bill reaffirms the Government’s commitment to crack down on serious youth offending, Minister for Children Karen Chhour says. “In recent years we have seen an unacceptable spike in youth offending. “This Bill makes ...20 hours ago
- Critical milestones for earthquake buildings review
Fairer, more sensible rules about managing earthquake risks are a step closer with the passing of legislation and the appointment of an independent chair to provide expert advice, Minister for Building and Construction Chris Penk says. “The Government is committed to reinvigorating our cities and regions to support economic growth, ...21 hours ago
- State of the art radiology machine for Auckland
People in Northland and Auckland will benefit from a new machine for cancer treatment installed at the Regional Cancer and Blood Service at Auckland City Hospital. The MV5 linear accelerator, or LINAC machine, officially opened today targets cancer tumours with pinpoint accuracy. Health Minister Dr Shane Reti says this new, ...21 hours ago
- Foreign Minister to visit Europe
Deputy Prime Minister and Foreign Minister Winston Peters will travel to Europe for high-level talks with France, Germany and the United Kingdom next week. "Since taking office almost a year ago, the Coalition Government has emphasised the importance we place on New Zealand's traditional and likeminded diplomatic and ...22 hours ago
- First arrests made under gang patch ban
Police have made their first arrests under the new gang patch legislation, with two gang members arrested, says Police Minister Mark Mitchell. “Just before 11 this morning, Police in Wairoa apprehended a gang member for wearing a patch to the supermarket. He has been arrested and will now face enforcement ...23 hours ago
- Better support for victims of sexual violence
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- Government moving forward with Regional Deals
Cabinet has agreed to invite all regions to submit proposals for Regional Deals between central and local government that drive economic growth and deliver the infrastructure our country needs, Local Government Minister Simeon Brown and Infrastructure Minister Chris Bishop say. Inviting all regions to propose a Regional Deal that boosts ...1 day ago
- MSA pilot participant update
One of the ten young men selected to participate in the Military-Style Academy Pilot has allegedly reoffended. Children’s Minister Karen Chhour is disappointed but says it would be naïve to think that none of these young men would reoffend. “I’m saddened that this young person has not taken this opportunity ...1 day ago
- Fighting for Kiwis in Trade
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- Government continues work to reinstate livestock exports by sea
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Tēnā koutou katoa – it is a pleasure to be here today. I would like to begin by acknowledging the important leadership role you all play in ensuring a quality health system New Zealanders can trust. There is enormous clinical expertise in this room covering a wide range of disciplines. ...2 days ago
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Tēnā koutou katoa. Mr President, Excellencies, Delegates. New Zealand, and all nations represented here today, are already dealing with the impacts of climate change. Our households, businesses, and economies are bearing the costs of its effects. The choices we make now will shape the severity of these impacts for generations ...2 days ago
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- New Zealand supporting loss and damage fund
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- Temporary Traffic Management costs revealed
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- Protecting New Zealand from foreign interference
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- Significant milestone for Canterbury Road of National Significance
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- Health survey results to help drive change
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- Final push needed to get to Smokefree 2025
A renewed effort to get people to quit smoking will build on what has worked to date and target the groups who most need support, Associate Health Minister Casey Costello said today. “The latest New Zealand Health Survey results show the daily smoking rate at 6.9 per cent and we ...3 days ago
- New diplomatic appointments
Foreign Affairs Minister Winston Peters has announced four new diplomatic appointments. “Our diplomats play an important role in ensuring New Zealand’s interests are maintained and enhanced across the world,” Mr Peters says. “It is a pleasure to announce the appointment of these senior diplomats from the Ministry of Foreign ...3 days ago
- Next steps for Regulatory Standards Bill
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- Red Tape Tipline goes live
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- Youth Parliament 2025 announced
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- Police stats show promising change
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- Better coordination of anti-scam efforts
With the launch of Fraud Awareness Week, the Government is committing to new coordination efforts across industry and government to combat online scams, Commerce and Consumer Affairs Minister Andrew Bayly says. “Online financial scams are a growing problem for New Zealand. New data released today shows that Kiwis lost nearly ...4 days ago
- Minister to consider 7AA select committee report
Minister for Children Karen Chhour will consider the recommendations made by the Social Services and Community Committee in its report back to Parliament on the Oranga Tamariki (Repeal of Section 7AA) Amendment Bill. “I want to thank the people who made submissions and those who appeared before the committee in ...4 days ago
- Defence Minister to attend ASEAN meeting
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- Launching the White Ribbon Ride
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- Construction to begin on next stage of Papakura to Drury
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- Gang patch ban: The first 24 hours
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It comes as Labour accuses National of not listening to evidence about boot camps. ...2 hours ago
- Survivors of abuse in care know how redress should work – will the government finally listen?
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Naw, I think that most of it is due to them not charging rent fro the start. Letting the corporations have free space was the problem…
I agree that Maori land owners should be just as entitled to charge market rent on their land as anyone else. It shouldn’t become a big news story. Neither should Maori have to feel embarrassed about it. You won’t get any disagreements from good capitalists on this one.
You won’t get any disagreements from good capitalists on this one.
If only there weren’t so bloody few of them …
It’s their property, they can charge whatever sum they like.
If it’s good enough for everyone else, its good enough for them!!!
I have a property across the road from them and I charge market rent, why shouldn’t they?
I personally would never touch a lease-hold property for exactly this reason. When one purchases a property on leasehold land in theory they should not pay for the land – just the improvements. There may be a sum added for the difference between the current rent and the market rent (NPV) of the rent until the next review.
However you are wrong if you think they can charge what ever they like. This is not a new lease but typically the owner has perpetual rights of renewal on their lease or are long lease terms so the rents are adjusted periodically. Because of this there is a mechanism for establishing rents or a disputes process – if you do not like it then the matter needs to be referred to arbitration. The current interest rates (such as the OCR) will be about the % charged as a rental on these properties.
Just goes to show that the iwi elite are not the wonderful people that the left think that they are – sometimes that can be worse than the white man.
Um, the right is in govt with the iwi elites you moron.
I challenge you to find a single positive word about iwi elites from a lefty on this blog.
Felix,
A few months ago, the people on this blog proposed transferring a large part of this country’s conservation estate to the Tuhoe elite. Who I would presume would charge rich tourists thousands of dollars to access and leave us regular honkies to settle for driving past it in their cars.
(I wonder what old Don Anderson, the man who lead me into the Ureweras back in 1997-98, thinks of it)
Be good for the NW to get more income. Then they can acquire more land, and send more kids on scholarships. I think that they’re one of the larger land owners around Auckland.
I think I will have a nosey around and see what the plans are for the future