Calling all parents of Ngāi Tahu tamariki - did you know that if you sign up your tamaiti (0-15 years)  and deposit $50 before Christmas Ngāi Tahu will deposit another $200 just because they are Ngāi Tahu! 

Ngāi Tahu recognised very early in its journey that education in all its forms is critical to tribal and whānau development. In order to achieve optimal personal wealth, evidence suggests an individual needs to do more than merely passively save. They need to create a sustained savings habit and have an adequate level of financial literacy.

Financial knowledge and economic independence is at the core of the innovative Whai Rawa scheme launched in 2006.

Designed to build wealth and enhance the wellbeing of current and future generations by providing a flexible savings vehicle for retirement, home ownership or tertiary education. It is also a vehicle for receiving annual distributions from Te Rūnanga.

Te Rūnanga o Ngāi Tahu supports Whai Rawa by providing matched savings, annual distributions, newborn distributions as well as meeting most of the administration costs.

Te Rūnanga o Ngāi Tahu currently contributes:

• Matched contributions to members currently at 4:1 for child members (under16) and 1:1 for adult members (under 65) up to a maximum of $200 per annum*.
• Distributions to all members under 65 regardless of their ability to save
• Newborn distribution of $100 for each member enrolled with Whai Rawa before their first birthday
• All operating costs other than investment fees which are met by members.

If there is enough interest we can get the very handsome and intelligent David Tikao down to Te Pā to help you register your tamariki!! 

For further information visit:
www.whairawa.com