Figures released under the Official Information Act reveal Ngai Tahu Property made a $53,000 profit when it sold the former Tomahawk School site to the Dunedin City Council last month.
After years of speculation, the Government and Ngai Tahu have confirmed a Treaty of Waitangi top-up clause is set to trigger, potentially pumping millions into the beleaguered South Island economy.
The Dunedin City Council has bought land and buildings at Tomahawk School, to safeguard the city's coastline.
The controversial Forrester Heights residential subdivision drama has taken another turn, with a contention the site sits on sacred Maori land.
The Takiroa Maori rock art site near Duntroon has been closed for 17 months, since torrential rain led to the collapse of the limestone cliff above it.
Encouraging signs were emerging that the Maori economy was about to grow significantly, Polson Higgs consultant Phil Broughton said yesterday.
Ngai Tahu and the partners in the new $200 million Hunter Downs irrigation scheme for Waimate have reached an agreement leading to the iwi withdrawing its appeal to the Environment Court.
The Government has declined to open its treaty settlement books as a top-up clause for Ngai Tahu and Waikato-Tainui draws near.
Ngai Tahu Tourism is spending $10 million to upgrade its Rainbow Springs Kiwi Wildlife Park in Rotorua.
Ngai Tahu Holdings plans to take a $15 million cornerstone shareholding in PGG Wrightson through its involvement in a joint venture with major Chinese agriculture companies.
Experienced tourism professional Steven Pickering, of Auckland, has been appointed the Ngai Tahu Tourism Southern Region marketing manager.
Assisting Christchurch with recovery was likely to be a "major" focus for South Island powerhouse iwi, Ngai Tahu, in the years ahead, its chairman Mark Solomon said.
Ngai Tahu chief executive Anake Goodall has resigned after just over three years in the position.
Substantial South Island landowner Ngai Tahu is eyeing up the booming dairying sector.
Hundreds of people are expected to descend on Karitane later this month to attend the annual hui of Ngai Tahu shareholders.
Seafood and property have proved to be good earners for Ngai Tahu Holdings Corporation in the year ended June 30.
Ngai Tahu Tourism is investigating ways to prevent petrol burns to passengers should a jet-boat crash, after an incident on Lake Wakatipu in 2008.
Ngai Tahu has probably got itself a worker for 60 hours after a Christchurch man shot a kereru - the native wood pigeon - over the road from his bach near Haast last year.
Police and Ngai Tahu swooped on two Hokitika jade businesses this morning in a search for pounamu allegedly stolen from South Westland.
