The Canberra Times, in amongst the shrieking madness surrounding the water debate, has discovered some intelligence deep in the heart of ACTEW:
He [Actew Managing Director Michael Costello] claimed current water prices, which are set by the ACT’s independent competition and regulatory commission, were “wildly undervalued”. “The pricing structures should be specifically designed to influence demand
How many years of squandered resources did it take to get to this point?
So called economics whiz Richard Mulcahy is, however, still holding on to the mad dream of virtually free water (while nodding briefly at reason, before watching it depart, at the end of his media release).