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National | Tainui

Waikato-Tainui assets closer to billion dollar goal

Waikato-Tainui is closing in on their goal to grow the iwi's assets to $1bil.

The tribe has reported a net profit of $111mil, with $70mil coming from the treaty relativity payment received from the Crown in December and the balance from Tainui Group Holdings (TGH).

Harata Brown has the details.