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{{propApi.successMessage}} {{region}} Change locationFinal TasWater pricing a win for common sense - but the hard questions remain
Final TasWater pricing a win for common sense - but the hard questions remain
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HIA Executive Director for Tasmania, Benjamin Price said the Regulator deserved credit for reining in a proposal that would have hit new housing.
“The Regulator did its job, and it did it well. It scrutinised TasWater’s plan, listened to the concerns raised, and knocked back increases that would have loaded the cost of an under-pressure water network onto new homes,” Mr Price said.
But Mr Price said no one should mistake a better outcome for a good one.
“Prices are still going up, with small businesses hit hardest. After years of cost-of-living pressure, that increase still stings.”
And the HIA is clear on where the cost of fixing the network should not fall.
“Let’s be clear, neither homebuilders nor Tasmanian consumers should be left footing the bill for decades of under-investment in water infrastructure. They didn’t create this problem, and they can’t be the ones expected to fund the fix.”
Mr Price said the dividends TasWater pays its council owners had to be part of the conversation.
“TasWater, while deferring infrastructure upgrades, is still planning to increase the dividends it returns to councils. You can’t claim you need every dollar for essential upgrades and then funnel money back out the door to the council owners. The dividend arrangements need proper, transparent scrutiny and reconsideration.”
For more information please contact:
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