Overview
A revised plan for TasWater takeover by State Government including an immediate one year freeze on prices; return to local councils in perpetuity – beyond 2025, councils would receive the greater of $20M indexed or 50% of profits. An additional $300M for infrastructure upgrades is included.
TasCOSS Commentary (February 2018)
Evidence base – There is a need to improve TasWater performance
Equity – Lower prices for everyone in the first year, no special consideration for lowest incomes, but they will benefit from price freeze. Fairer not to impose ‘catchup’ infrastructure costs on current customers
Future Focus – Infrastructure upgrades are needed
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