Water bills may rise after overhaul
Water bills could rise under sweeping reforms to be proposed by Infrastructure Australia (IA), it has been revealed.
In a landmark report on urban water expected to be released as early as this week, the federal government body will propose an overhaul of the way states charge for water as it looks to fund major infrastructure upgrades, the Australian reported.
Speaking to the newspaper, IA co-ordinator Michael Deegan said: "The focus of this is if we’re to get long-term investment in infrastructure, then how do we get the regulatory and pricing structures appropriately geared so people can make these investment decisions?"
The National Water Commission recently called on state governments to properly value water as it has becomes increasingly scarce following recent droughts.
However, any further water bill increases are likely to prove highly unpopular in light of other recent hikes in the cost of utilities such as electricity. The rising cost of living has also increased Australians’ debt problems, prompting more people to compare debit cards in search of safer spending options.
This week, the Courier Mail reported that an imminent rise in water costs is expected to add $100 a year to the average bill in Queensland.
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