Wairarapa councils face challenges in replicating Auckland's Watercare model due to financial constraints and smaller scale; government works on new water policy bills to support council shifts for financial sustainability.
Wairarapa councils face challenges in replicating Auckland's successful Watercare model due to financial constraints and smaller scale. A standalone council-controlled organisation (CCO) for the Wellington region might have a BB credit rating, leading to potentially increased interest expenses and higher market interest rates. The government is working on two bills for a new water policy to allow councils to shift water service delivery into more financially sustainable configurations.
May 27, 2024
3 Articles