NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / New Zealand

Analysis: The biggest mistake at Shelly Bay was buying land there to begin with

Georgina Campbell
By Georgina Campbell
Senior Multimedia Journalist·NZ Herald·
8 Nov, 2021 04:00 PM5 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Shelly Bay, Miramar, Wellington. Photo / Mark Mitchell

Shelly Bay, Miramar, Wellington. Photo / Mark Mitchell

ANALYSIS:

In a rare move, the Port Nicholson Block Settlement Trust has put a very public stake in the ground telling those occupying land at Wellington's Shelly Bay that they have a week to leave.

Mau Whenua, a group including members from within Taranaki Whānui, has occupied the land for almost a year.

While a proposed development at Shelly Bay featuring 350 new homes has been surrounded by controversy and generated countless media reports, you don't hear from the trustees very often.

Port Nicholson Block Settlement Trust was established in 2008 to receive and manage Taranaki Whānui's Tiriti o Waitangi settlement.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

They're very quiet about how they go about their business and consider the Shelly Bay land sale to be a private transaction, which it is as the land was privately owned by iwi.

But to the frustration of the Trust, half of Wellington wants to have a say in it.

"It doesn't matter what we do, we're going to be painted with the wrong colour," Trust chief executive Lee Hunter told the Herald.

Advertisement
Advertise with NZME.

"We made a mistake at the front and we haven't recovered from it, now we are recovering from it, and it's still not good enough."

Land at Shelly Bay has been occupied for almost a year. Photo / Mark Mitchell
Land at Shelly Bay has been occupied for almost a year. Photo / Mark Mitchell

The mistake Hunter is referring to isn't selling the land on Miramar's peninsula, it's buying it in the first place.

In 2009 the trust used about half of its $25 million settlement money to purchase land at Shelly Bay.

The decision ended up being one that would haunt the Trust for a decade.

Hunter likened it to buying a new car that instantly loses value the moment it's driven off the car yard.

Costs like rates, insurance, repairs, and maintenance meant expenses were higher than the little revenue coming in.

"It's been nothing less than a revenue-earning asset that hasn't had a lot of revenue", Hunter said of the land iwi owned at Shelly Bay.

"The purchase of the property set us up for nine years of losses, and nine years of losses means you get into serious cash flow issues.

"It's really put us way behind where we needed to be and its a real shame, it's very sad really."

An artist's impression of a drone's view of the proposed development of Shelly Bay. Image / Supplied
An artist's impression of a drone's view of the proposed development of Shelly Bay. Image / Supplied

Taranaki Whanui was tied to a sinking ship so the Trust made moves to sell the land in 2016, but failed to get the necessary 75 per cent majority vote.

Advertisement
Advertise with NZME.

Instead, the land was sold separately in parcels to Shelly Bay developer Ian Cassels, it's alleged by Mau Whenua, as a way around the deal being classified as a major transaction.

The Trust has maintained the sale did not constitute a major transaction nor were they taken advantage of by developers.

Three parcels of land were sold for $2 million in 2017, a fraction of the original cost. A fourth parcel was later sold for $10 million.

Mau Whenua claims the trust went against the will of its own people and that the deal was done in secret.

The Trust says the sale was essential for its survival.

Following the 2017 sale the trust reported an operating profit for the first time and has done so for every year since.

Advertisement
Advertise with NZME.

That in itself should not be underestimated, irrespective of anything else iwi got out of the actual development deal.

Nevertheless, Hunter said iwi would own commercial property at Shelly Bay, have a cultural space, the opportunity for members to purchase housing, and establish a scholarship fund.

The Mau Whenua protest occupation site at Shelly Bay. Photo / Mark Mitchell
The Mau Whenua protest occupation site at Shelly Bay. Photo / Mark Mitchell

The Trust wants to get on with development to pursue benefits for iwi like education, housing, social wellbeing, and cultural aspirations.

That's why the Trust has decided to publicly front on the issue now- it's crunch time.

"We're really being held to ransom by a group of people who are a very small minority within our iwi", Hunter said.

He hoped the occupation would have moved on by Monday, although that seems unlikely.

Advertisement
Advertise with NZME.

Mau Whenua has lost support over the course of the year like Paora Mepham, who was among the first people to join the occupation to protest against the sale of the land to The Wellington Company.

But he is now satisfied the deal is true to the strategic direction of Taranaki Whānui ki te Upoko o te Ika and appears to have more confidence that the present-day trustees have acted with integrity and in the best interests of all uri.

Mau Whenua also lost major allied party funding for its court case in the midst of Covid-19's impact on the film industry.

The Herald understands the party was WingNut Films, of which Sir Peter Jackson is a director.

Mau Whenua couldn't find the money from other sources so had to pull the pin on its court case.

Regardless, there are members of the group who remain more determined than ever.

Advertisement
Advertise with NZME.

Monday will test just how strong the remaining Mau Whenua membership is and whether it is just a "minority" of iwi.

After countless legal battles, the occupation is very likely the last thing stopping spades hitting the ground at Shelly Bay.

Save

    Share this article

Latest from New Zealand

New Zealand

Video shows man being slammed against stall during night market assault, goods flying

21 Jun 09:50 PM
New Zealand

B2 bombers in Guam, Zelenskyy accuses Putin of being 'uninterested' in peace | NZ Herald News Update

New Zealand

'I don't believe it': Sleeping store owner woken by late-night call on $15m Lotto win

21 Jun 08:57 PM

Jono and Ben brew up a tea-fuelled adventure in Sri Lanka

sponsored
Advertisement
Advertise with NZME.

Latest from New Zealand

Video shows man being slammed against stall during night market assault, goods flying

Video shows man being slammed against stall during night market assault, goods flying

21 Jun 09:50 PM

Two people were critically injured at the Pakūranga Night Market yesterday.

B2 bombers in Guam, Zelenskyy accuses Putin of being 'uninterested' in peace | NZ Herald News Update

B2 bombers in Guam, Zelenskyy accuses Putin of being 'uninterested' in peace | NZ Herald News Update

'I don't believe it': Sleeping store owner woken by late-night call on $15m Lotto win

'I don't believe it': Sleeping store owner woken by late-night call on $15m Lotto win

21 Jun 08:57 PM
Fight breaks out at Auckland night market

Fight breaks out at Auckland night market

Help for those helping hardest-hit
sponsored

Help for those helping hardest-hit

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP