Licensing Trusts in New Zealand

Bernard Teahan
2018 Policy Quarterly  
Licensing trusts in New Zealand are a statutory form of community enterprise now existing for over 70 years. Thirty were established between 1944 and 1975. Over the years since they have generated wealth of $250 million through their business units, benefited their areas in many ways, and through their community support donations programmes distributed significant profit back to enhance their community's quality of life. Today, 18 continue to operate (mainly hospitality) businesses, and provide
more » ... nesses, and provide support to their communities.
doi:10.26686/pq.v14i1.4754 fatcat:7izk5k2pbng6dg5wl7icfv62oi