logo
This Year's Te Matatini Biggest Yet

This Year's Te Matatini Biggest Yet

Scoopa day ago

A new impact evaluation report on this year's Te Matatini shows that the 2025 festival was the biggest to date.
The report showed that Te Matatini o Te Kāhui Maunga held in February in Ngāmotu New Plymouth, brought just under $24 million into Taranaki - $3 million less than forecasted but still the highest contribution from a festival to date.
Tane Morgan is a director of New Plymouth based Proof & Stock Coffee which had a stall at Te Matatini. Over the festivals five days they sold 100kgs worth of coffee, he said.
At WOMAD - the only festival in the region of a comparable size - Proof & Stock might go through 35kgs over three days, he said.
Morgan said unlike WOMAD or a concert Te Matatini had a "peaceful flow about it".
"The fact that no one was drinking and it had like this unique flow about it, everybody was taking their time there was a lot of courtesy... you could just feel it."
Morgan said the festival certainly had an impact of the local economy in Taranaki - especially for hotels and camp grounds - but the impact was relative to what you were selling. Cafe's and restaurants in the city center might not have seen the same return on their investment, he said.
"I don't think that the cafe's really benefited from it, but if you were at Te Matatini and you were a vendor or stall holder you would have seen good margins, that's the consensus that the town was kind of saying.
"A lot of the businesses here were ready for the influx but they didn't quite see a return on their investment in terms of people out wining and dining."
As well as their stall at Te Matatini Proof & Stock also has a coffee shop in New Plymouth, which Morgan said was quieter than during the festival.
But Morgan said his team had an amazing time at the festival. His staff included included some local students learning on the job.
"They walked out with a pocket full of cash and all this confidence they can use into the future," he said.
Hāwera-based Kiri Erb owns and operates Tika Cafe and Catering and worked providing kai for the festival and for the competitors who were based out of Hāwera.
She told RNZ being awarded a kai stall was both a privilege and a challenge.
The scale of the event meant she had to boost the her staffing numbers from 32 to 50 so the business could accommodate the masses at the Bowl of Brooklands in New Plymouth and the restaurant in Hāwera.
Erb said it was an experience her and the team will never forget.
"This is an experience that will live in memory banks forever. We've taken videos of us working during that week, we had rōpu that would come in and they would perform for us... and we'd go back an look at those. Our hearts still really sing."
"We all just feel incredibly lucky." Erb said.
Te Matatini chief executive Carl Ross said the iwi of Taranaki had done a fantastic job catering for a growing festival.
"The Matatini brand internationally has just got so big now, [its] becoming an economic powerhouse for our country, how do we actually utilise what we have now to be able to provide the Matatini festival in the best condition that we can do."
There has also been an increased interest in kapa haka among non-Māori, 44 percent of attendees in 2025 were Pākehā up from an average of 27 percent over the last decade of festivals. Ross said over the years he has noticed more and more people from diverse communities wanting to share the Matatini experience.
Of the $24m brought into the region more than $2m came from teams traveling to Taranaki to compete and another $17.4m was spent by their supporters.
It's getting more and more expensive to send a team to Te Matatini and some regions don't have that kind of money to spend, Ross said.
"We could have up to $160,000 to move a single team into a rohe and that's with just three supporters per kaihaka (performer)."
Te Matatini now is looking to the future and ensure the festival can be enjoyed by everybody, he said.
"Te Matatini and our Board are still in discussion's on how we can also ensure that we can meet the needs of our smaller rohe, because that's a question that was burning straight after the festival. Did we have our infrastructure in place to be able to try and do this in the next two years?"
Te Matatini announced in May that the next festival in 2027 would not be hosted in Te Tauihu o te Waka-a-Māui/Nelson as had been expected and that they were looking for expressions of interest to host.
Ross was hopeful that there will be an update on where Te Matatini goes next by the end of June.
"[Te Matatini] supports the economy, the local economy and that's what is really cool about being able to travel to different rohe, being able to do that it's getting harder at the moment for sponsorships, we only got half the sponsorship that we usually get and it goes to show the economic environment [we're] currently working in, so I know it's hard out there and it's hard for our people."

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Foreign exchange fined amid transactions deemed 'objectively suspicious'
Foreign exchange fined amid transactions deemed 'objectively suspicious'

1News

time8 hours ago

  • 1News

Foreign exchange fined amid transactions deemed 'objectively suspicious'

An Auckland-based foreign exchange and money remittance company has been convicted and fined $1.125 million for failing to report suspicious activities and to submit prescribed transaction reports. An investigation by the Department of Internal Affairs (DIA) found that Qian DuoDuo Limited, which traded under the name Lidong Foreign Exchange, found it failed to report 197 international transactions to China between June 2018 and September 2019. The transactions, which totalled over $19.14 million, included 26 "objectively suspicious" activities with a value of $4.72 million and 171 involved prescribed transactions with a value of $14.42 million. The value of the nearly 200 transactions represented around one fifth of the gross value transactions undertaken by Qian DuoDuo Limited for the 2018/2019 financial year. Two individuals who completed the transactions, Xiaoyu Lu and Musubayoufa Fuati, were convicted of criminal offending. ADVERTISEMENT Fuati was convicted of structuring transactions to avoid anti-money laundering laws, while Lu was convicted of providing unregistered financial services, as well as multiple counts of money laundering. Both pleaded guilty to their charges. In sentencing, the Auckland District Court found the company failed to carry out adequate customer due diligence on the source of Fuati and Lu's funds and relied on questionable verification documents despite recognising a high risk that its operations could be used to launder money. Anti-money laundering and countering financing of terrorism director Serge Sablyak said Internal Affairs took offences under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 "very seriously". "Suspicious transactions have the potential to be linked to money laundering or terrorist financing activities. Prescribed transaction reports are vital in alerting law enforcement to suspected offenders and make money laundering and terrorist financing difficult to hide." Sablyak said Qian DuoDuo Limited had a "history of non-compliance". "In 2017, the Department took civil action against the company following non-compliance with its obligations, and the High Court confirmed multiple breaches of the company's legal obligations. "When financial institutions, including money remitters, continue to fail to meet their obligations under the Act, the Department can and will take action." ADVERTISEMENT Qian DuoDuo Limited appealed the District Court's decision to the High Court.

KiwiSaver Providers Hope Public Support For Contribution Increases Will See Default Rates Move Higher
KiwiSaver Providers Hope Public Support For Contribution Increases Will See Default Rates Move Higher

Scoop

time11 hours ago

  • Scoop

KiwiSaver Providers Hope Public Support For Contribution Increases Will See Default Rates Move Higher

KiwiSaver providers are unsurprised by the public support, and hope it will see default contribution rates increase further. Susan Edmunds, Money Correspondent KiwiSaver providers are hoping public support for increased contribution rates could provide the incentive to push them still higher. The latest RNZ-Reid Research poll included questions about the changes to the KiwiSaver scheme announced in the Budget. From 1 April next year, the default contribution rate for employers and employees will rise to 3.5 percent. The following April, it will be 4 percent. But the government will halve the credit it offers to people who contribute at least $1042 a year to their KiwiSaver, to a maximum $260.72. It will not be available to people earning more than $180,000. The poll showed a total of 61.2 percent of respondents supported the contribution change, 21.4 percent opposed it and 17.4 percent were not sure. Among National voters, almost 80 percent supported the change. But only 23.7 percent of total voters supported the government's move to halve the contribution rate, and fewer than half of National supporters. Fisher Funds chief investment officer Ashley Gardyne said he was not surprised by the findings. He said we should not stop at 4 percent plus 4 percent, and should push towards higher contribution rates. 'I think it's really positive we've seen the contribution rates increase, and ultimately if we want people to get to the right amount of savings in retirement those rates do need to move up through time.' He said the Australian model, where contribution rates slowly lifted over a number of years, could be one to follow. 'They took a really long-term, 10-year approach of increasing contributions by a little bit every year. The reality is it's tough to find extra money in your pay cheque to put into KiwiSaver but it is really important long-term as well to make sure you end up in the right position for retirement. 'Having a long-term vision like that is really important.' Kirk Hope, chief executive of the Financial Services Council, which represents KiwiSaver providers, agreed the results were expected. 'We've known for some time that in terms of contributions those will be relatively well received. Obviously it's a bit tougher if the government contribution is being halved or in some cases removed that's not going to be particularly popular, the key thing is the government continues to contribute something.' He said there should be a bipartisan agreement about a long-term strategy for retirement income. He said it was also worth discussing other steps the government could take, such as adjusting the tax settings. 'Other changes the government might be able to make to the tax system in the future to continue to incentivise particularly savings and even up the playing field between savings and investment and housing. That's some fundamental shifts in the tax system.' More incentives needed Ana-Marie Lockyer, chief executive at Pie Funds, said it was good to see that most people supported the contribution increase. 'In terms of the halving of the government contributions we need to acknowledge the government faced some hard choices as a result of the tight fiscal environment. But I believe we should be offering more incentives for Kiwis to save for their retirement, not fewer. 'Reducing the government contribution is more likely to impact the retirement balances of lower income earners – a group who deserve the same opportunities as everyone else.' She said even a reduced contribution of $261 a year could grow to more than $40,000 over a person's working life. 'I think what's more important than the dollar amount of the government contribution is the number of Kiwis who don't receive it, either because they're not eligible or they're not contributing enough. 'While it's a good thing that the government contributions are now available for 16- and 17-year-olds, I think the government missed a trick by not extending it to the increasing number of over-65s who are still working, whether by choice or necessity. 'What's probably more concerning is the thousands of KiwiSavers missing out on the MTC government contribution each year because they're not contributing enough to qualify, leaving millions of dollars on the table. 'So the poll is actually a timely reminder for people to ensure they've contributed at least $1043 by 30 June in order to receive the full government contribution of $521 – before it reduces to $261 next year.' A spokesperson for Finance Minister Nicola Willis said the changes to KiwiSaver were designed to help Kiwis to save more and make the scheme more fiscally sustainable. 'For example, an 18-year-old earning the minimum wage of just under $49,000 a year who invests in a balanced fund can expect to have almost $910,000 in KiwiSaver at age 65. Under the old settings it would have been about $732,000. 'The results are similar for most other people. The Retirement Commissioner estimates the changes will increase retirement savings for about 80 percent of KiwiSaver members.'

KiwiSaver Providers Hope Public Support For Contribution Increases Will See Default Rates Move Higher
KiwiSaver Providers Hope Public Support For Contribution Increases Will See Default Rates Move Higher

Scoop

time11 hours ago

  • Scoop

KiwiSaver Providers Hope Public Support For Contribution Increases Will See Default Rates Move Higher

KiwiSaver providers are unsurprised by the public support, and hope it will see default contribution rates increase further. Susan Edmunds, Money Correspondent KiwiSaver providers are hoping public support for increased contribution rates could provide the incentive to push them still higher. The latest RNZ-Reid Research poll included questions about the changes to the KiwiSaver scheme announced in the Budget. From 1 April next year, the default contribution rate for employers and employees will rise to 3.5 percent. The following April, it will be 4 percent. But the government will halve the credit it offers to people who contribute at least $1042 a year to their KiwiSaver, to a maximum $260.72. It will not be available to people earning more than $180,000. The poll showed a total of 61.2 percent of respondents supported the contribution change, 21.4 percent opposed it and 17.4 percent were not sure. Among National voters, almost 80 percent supported the change. But only 23.7 percent of total voters supported the government's move to halve the contribution rate, and fewer than half of National supporters. Fisher Funds chief investment officer Ashley Gardyne said he was not surprised by the findings. He said we should not stop at 4 percent plus 4 percent, and should push towards higher contribution rates. 'I think it's really positive we've seen the contribution rates increase, and ultimately if we want people to get to the right amount of savings in retirement those rates do need to move up through time.' He said the Australian model, where contribution rates slowly lifted over a number of years, could be one to follow. 'They took a really long-term, 10-year approach of increasing contributions by a little bit every year. The reality is it's tough to find extra money in your pay cheque to put into KiwiSaver but it is really important long-term as well to make sure you end up in the right position for retirement. 'Having a long-term vision like that is really important.' Kirk Hope, chief executive of the Financial Services Council, which represents KiwiSaver providers, agreed the results were expected. 'We've known for some time that in terms of contributions those will be relatively well received. Obviously it's a bit tougher if the government contribution is being halved or in some cases removed that's not going to be particularly popular, the key thing is the government continues to contribute something.' He said there should be a bipartisan agreement about a long-term strategy for retirement income. He said it was also worth discussing other steps the government could take, such as adjusting the tax settings. 'Other changes the government might be able to make to the tax system in the future to continue to incentivise particularly savings and even up the playing field between savings and investment and housing. That's some fundamental shifts in the tax system.' More incentives needed Ana-Marie Lockyer, chief executive at Pie Funds, said it was good to see that most people supported the contribution increase. 'In terms of the halving of the government contributions we need to acknowledge the government faced some hard choices as a result of the tight fiscal environment. But I believe we should be offering more incentives for Kiwis to save for their retirement, not fewer. 'Reducing the government contribution is more likely to impact the retirement balances of lower income earners – a group who deserve the same opportunities as everyone else.' She said even a reduced contribution of $261 a year could grow to more than $40,000 over a person's working life. 'I think what's more important than the dollar amount of the government contribution is the number of Kiwis who don't receive it, either because they're not eligible or they're not contributing enough. 'While it's a good thing that the government contributions are now available for 16- and 17-year-olds, I think the government missed a trick by not extending it to the increasing number of over-65s who are still working, whether by choice or necessity. 'What's probably more concerning is the thousands of KiwiSavers missing out on the MTC government contribution each year because they're not contributing enough to qualify, leaving millions of dollars on the table. 'So the poll is actually a timely reminder for people to ensure they've contributed at least $1043 by 30 June in order to receive the full government contribution of $521 – before it reduces to $261 next year.' A spokesperson for Finance Minister Nicola Willis said the changes to KiwiSaver were designed to help Kiwis to save more and make the scheme more fiscally sustainable. 'For example, an 18-year-old earning the minimum wage of just under $49,000 a year who invests in a balanced fund can expect to have almost $910,000 in KiwiSaver at age 65. Under the old settings it would have been about $732,000. 'The results are similar for most other people. The Retirement Commissioner estimates the changes will increase retirement savings for about 80 percent of KiwiSaver members.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store