In Resources

Tasmania Shadow Treasurer Peter Gutwein

Case Made For Liberal Policy Of One Water Corporation

Victor P Taffa

The draft water and sewerage price determination makes the case for merging the four water and sewerage corporations into one and passing on the anticipated saving of $20 Million over four years back to Tasmanians, according to Shadow Treasurer Peter Gutwein.

“The Regulator is recommending that most Tasmanians will see their bills increase by 10 % or $100.”

“Customers in Burnie will have to deal with increases of more than this, because the Regulator is proposing that they pay increases of the greater of 15 % or $75.00 on the water component of their bill.” Mr. Gutwein said.

 

“It’s concerning that the Regulator notes that as a consequence of Cradle Mountain Water’s relatively higher debt level it will be reducing capital expenditure to meet operational costs and fund increased dividends to its council owners.”

“The Regulator also notes that even with the proposed price increases, Ben Lomond Water and Southern water remain ‘financially unsustainable’ over the next three years.”

“It is clear that a more efficient model is needed and this should be the wakeup call the Green-Labor Government and the local government owners of these corporations need to get on board with the Liberals policy of an efficient one corporation model.” Mr. Gutwein said.

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