Over 2000 owners of Te Aroha Aggregation farm in Waihi are celebrating a major milestone in its development, with an open day on Saturday.
The day signifies the start of responsibility for the farm being passed back to the owners.
For the last three years, owners and trustees of the Māori-owned dairy farm have been supported by Te Tumu Paeroa to develop the skills and experience in governance so they can self-manage the successful enterprise.
Since 1989, Te Tumu Paeroa have been responsible trustee to Te Aroha Aggregation. Saturday’s ceremony signifies an important step for owners in the transition of management responsibility to them.
Exciting step for owners
Brad Tatere, owner and Advisory Trustee for Te Aroha farm, says, “This is an exciting step for us to be taking. Te Tumu Paeroa have done a great job in supporting us to this point, giving guidance with our strategy which will ultimately lead to our owners’ aspirations becoming a reality. The farm’s in a strong financial position, and while there’s further development to be done on-farm, we’re now looking at opportunities in other sectors. We’ve been working alongside Te Tumu Paeroa in a decision making capacity for some time now. We believe the time’s right to formalise this and take over the governance of the farm and assets.”
“Together we’ve made a lot of improvements to the farm. Now we’re confident that, with that infrastructure and the level of expertise in the Trust, we’re well on our way to reaching our goals”.
“Te Tumu Paeroa will continue to play an important role in the future of Te Aroha, providing professional services to the trust. Our success will be a result of having strong capability around our table as we continue this journey”, says Brad.
Owners creating a legacy of success
Jamie Tuuta, Māori Trustee and CEO of Te Tumu Paeroa, says “We want owners to be actively involved in decision making for their whenua. Te Aroha is a perfect example of this in action. The owners and trustees that Te Tumu Paeroa has worked with over the last three years have shown a strong desire to create a legacy of success for their land and people. This is their next step in achieving that.”
Te Tumu Paeroa will continue to play a supporting role with Te Aroha as part of the Trust’s longer term strategic plan.