Water Price Rises Capped At 3.5 % Under New Agreement

Water Price Rises Capped At 3.5 % Under New Agreement

Tasmania Minister for State Growth Peter Gutwein

Delivering Better Water Infrastructure Sooner

Victor P Taffa

Hodgman Government is working in partnership with TasWater to deliver better water infrastructure, sooner through its landmark $200 Million equity investment.

Today’s Office of the Tasmanian Economic Regulator report highlights that TasWater customers generally have lower water bills compared to their interstate counterparts and that Tasmania’s drinking water quality has improved.

We know more needs to be done, the Tasmanian Government’s investment in TasWater ensured a faster fix for Tasmania’s water and sewerage infrastructure, delivering $1.8 billion in upgrades sooner than planned and that water price rises are capped at no more than 3.5 %, Minister for State Growth Peter Gutwein said.

As the report shows TasWater’s performance is limited by its aging assets, which is why the Hodgman Government is working with TasWater to invest more into our water and sewerage infrastructure.

 

“Investing into our vital water and sewerage infrastructure not only creates jobs and economic activity, but it will also provide the long-term infrastructure that Tasmanians expect and deserve.” Minister Gutwein said.