New Zealand’s most in-depth business survey has shown a wave of optimism among Maori businesses as they look to assertively grow the Maori economy.

The Maori Business Key Insights Report – ‘Te Tirohanga Whānui’ – compiled from the findings of ANZ’s annual Privately Owned Business Barometer, showed a clear sense of direction and healthy optimism among Maori business owners, managers or governors.

The report was launched in Auckland recently by the Minister of Maori Affairs, Hon Dr Pita Sharples.

Of the 172 Maori business survey participants, 49% were optimistic about the next 12 months, while 70% were very optimistic about their prospects over the next three years.

The survey – believed to be the only regularly conducted survey focused on Maori businesses – also revealed that a long-term focus, increasing Maori business success and an emphasis on growing talent and expertise was driving this wave of optimism.

“The survey strongly suggests we’re returning towards a golden age for Maori businesses,” said Graham Turley, ANZ’s Managing Director Commercial & Agri.

“Maori businesses are moving to more active management of their resources, armed with sound business practices, strong talent and a clear sense of direction.

“As the New Zealand economy gathers momentum, Maori are keenly aware of increasing foreign interest in Aotearoa and see themselves as being well placed to take advantage of the incredible opportunities that will be available.”

The Maori Business Key Insights Report – ‘Te Tirohanga Whānui’ can be seen at: www.anzbarometer.co.nz