Right before your very eyes! Stolen!
By the legend Mr Burnside!
A quick explanation of what the Three Waters Reform means.
At the recent local govt conference (where the countries Mayors and Councillors go and hang together having a few bevvies) Nanaia Mahuta Minister of Local Govt offered this countries councils $2.5bil in compensation to sign over all their water infrastructure/assets; drinking, storm, wastewater to Govt control. Sounds like a lot of money aye, not when you consider the assets are worth $120billion, paid for by you through rates and rent for generations.
What this means is on average water rates will increase 36% to be paid to one of four govt owned companies established to manage the Three Waters – what’s it gonna do to rent prices for our most vulnerable?
The govt is sending the proposal to your local council this month and wants a decision by the end of Sept (next month). Any compensation to councils to be paid July 2024 – after the next election. There is no time for public consultation in the sale of your assets.
This from the most open and transparent Govt ever.