As of 2018 the Māori economy was worth over $68 billion. Over the past decade, the Māori asset base has been growing at 10 percent a year, much faster than the overall economy. The Māori economy is on track to reach $100 billion by 2030. A PricewaterhouseCoopers study prepared for the Ministry for Primary Industries in 2013 suggested that the benefits of improving governance and management of Māori land could increase financial benefit to Māori by up to $8 billion and create up to 3,600 jobs over a decade. The growth of the Māori economy is a great success story. This bill would support and accelerate the growth of that economy by improving the performance and productivity of Māori land by and for Māori. Unleashing the potential of Māori land is crucial to setting up Māori for success in their post – Treaty settlement future.