Post by Kiwi Frontline on Sept 29, 2021 8:44:45 GMT 12
Frank Newman: THREE WATERS - REALITY CHECK
Here are four realities about Three Waters that have been ignored by Minister Mahuta and the mainstream media.
REALITY CHECK ONE:
The Water Industry Commission for Scotland (WICS) report assumes the four new water entities will significantly reduce operating costs, and deliver lower-cost capital spending. They assume there is "an efficiency gap" (by that they really mean inefficiency) that will be closed within 10 years and will result in a 53% saving in annual operating costs from year 10. This, they say, is based on evidence of water reform in the United Kingdom (UK).
They qualify this by saying;.....
breakingviewsnz.blogspot.com/2021/09/frank-newman-three-waters-reality-check.html
Here are four realities about Three Waters that have been ignored by Minister Mahuta and the mainstream media.
REALITY CHECK ONE:
The Water Industry Commission for Scotland (WICS) report assumes the four new water entities will significantly reduce operating costs, and deliver lower-cost capital spending. They assume there is "an efficiency gap" (by that they really mean inefficiency) that will be closed within 10 years and will result in a 53% saving in annual operating costs from year 10. This, they say, is based on evidence of water reform in the United Kingdom (UK).
They qualify this by saying;.....
breakingviewsnz.blogspot.com/2021/09/frank-newman-three-waters-reality-check.html