Hon STUART NASH: The investment is about much more than economic development. It's also having a significant bearing on intergenerational legacies around the management of iwi land and enables the retelling of histories of local hapū and iwi. For example, the Waima Topu B Ahu Whenua Trust received a reasonably modest investment of just under $1 million from the Whenua Māori Fund. The land had been neglected by the former leaseholder but is being transformed into a high-performing beef farm with excellent pasture management. The Government's investment supports the owners to be active managers of their land and increases productivity and, more importantly, restores the whānau's pride in their land. The owners are now supported to clear scrub and redevelop the pasture, and once poor-quality land will become productive and a commercial success for the hapū and iwi. It's likely to result in a $321,000 increased profit per annum.