New Zealand approves Watercare Charter to make Auckland's water services more affordable and improve infrastructure.

The New Zealand government has approved the Watercare Charter, which aims to keep Auckland's water services affordable and save households about $899 million over four years. The charter ensures a $1.3 billion annual investment in water infrastructure from 2025 to 2028, improving service quality and separating Watercare financially from the Auckland Council. The Commerce Commission will monitor performance until full regulation starts in 2028.

3 months ago
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