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Home loans made clear

ACT Government pushing for cheaper water (but not too cheap)

By johnboy - 15 April 2013 3

In the wake of today’s showdown with the Actew board Andrew Barr has announced plans to lower the cost of water and sewerage:

The ACT Government has supported the ICRC’s draft determination to provide relief from cost of living pressures on Canberra households by lowering water and sewerage bills in the Territory.

The ACT Government has provided its submission to the Independent Competition and Regulatory Commission, in response to the Commission’s draft determination on water and sewerage pricing.

The Government welcomes the Commission’s proposed drop in water and sewerage bills. However, the Government considers that potential price changes should not undermine the considerable efforts and gains to date in water conservation in the ACT. There is the potential for longer term behavioural impacts and increasing water consumption from a significant downward price shock.

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ACT Government pushing for cheaper water (but not too cheap)
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HiddenDragon 10:13 pm 15 Apr 13

johnboy said :

Credit is still cheap, chuck it on the card no doubt.

Indeed, or we could follow the admirable lead of the Principality of Hutt River and start printing our own.

HiddenDragon 9:58 pm 15 Apr 13

We can only hope that a similar sentiment is reflected in the Budget which Mr Barr will be delivering a little later this year.

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