Māori business leaders are keen to see Māori representation on the Prime Minister's newly business advisory council.

The Prime Minister, Jacinda Ardern, announced the formation of the council during her speech yesterday, calling for better relationships between government and businesses.    

The Prime Minister says this is her reaching out to the business community. 

"I'm announcing the establishment of the Prime Minister's Business Advisory Council and Air New Zealand CEO Christopher Luxon will be its inaugural chair. 

"Christopher and I will be putting together over the coming weeks a team of business leaders, committed to building a new economy."

Paul Morgan is the CEO of the Wakatu Incorporation, a leading Māori business, known widely for its products in seafood and wine.

He says he likes the Prime Minister's idea.

"It's a positive move that the Prime Minister and her key advisors want to engage with directly with the business leadership of this country, and presumably including Māori."

Latest figures estimate that the Māori economy is worth nearly $40 billion, an analyst suggests that the Māori economic growth alone is faster than the New Zealand economy. 

But National leader Simon Bridges says the opposition thinks differently.

"Over 90% of our businesses are small and medium sizes and there's absolutely nothing here in this working group for a 40-person factory in Kawerau or a five-person business in Nelson."

Only time will show if Māori will be at the table.