We've had another Waitangi Day celebration and while most of it was a genuine celebration, the news headlines were around protest again. This is not a surprise but an expectation because, like Ratana visits by the political parties, the topics for discussion are issues that affect New Zealand as a whole and Maori in particular.
Because the visits to Ratana surround the birthday of the leader of the Ratana Church movement, then the aspect of discussion is courteous and polite. Because the Waitangi celebrations are around the Treaty of Waitangi and, post-signing there was about 150 years of neglect of that treaty, bringing with that neglect hurt and insult, Waitangi Day is marked by protest. As much as there is a protocol, the protest movement don't believe they have done justice to the day without getting stroppy about something. Usually that something has a thread of truth to it. As they say, there is no smoke without fire.
Waitangi Day 2012, though, had a whole new fleet of protesters, being those who have been ensconced in Aotea Square at the Occupy Auckland campsite, so fit fairly and squarely into the rent-a-mob definition and added nothing to the colour and debate on the treaty grounds.
The latest itch that needed to be scratched was over section 9 of the State Owned Enterprises Act, which is a Treaty clause requiring the Crown owners of the SOEs to abide by the principles of the Treaty of Waitangi, such as consultation on the sale of shares. With a mixed ownership model, negotiation on the sale of shares by private owners would be unduly onerous on private shareholders and largely redundant. Onerous, because the sale of, say, $5000 of shares by a mum-and-dad shareholder to another mum-and-dad shareholder would require consultation with Maori.
How would the vendor of those shares contact Maori and consult? The cost of consultation would outweigh the value of the shares for a start. Redundant because the model for ownership is that 51 per cent of shares is held by the Crown and no single private shareholder can own more than 10 per cent of shares. That means they do not have a right to board member appointments, so all directors would be appointed by the Crown.