|
Friday 30th April 2010 |
Text too small? |
Any water user taking more than 5 litres per second will have to instal water meters and record their useage, Environment Minister Nick Smith announced tonight.
Treasury analysis says the impost on water users including farmers, food processors and municipalities will cost $42 million for national benefits of $101 million, on a net present value basis. The move will allow water pricing and charging to develop on a national basis.
"We can't even begin to manage water properly in New Zealand when we have so little information on how much is extracted and when," said Smith.
Less than a third of water taken nationally is currently metered.
Businesswire.co.nz
No comments yet
February 20th Morning Report
SCL - Chief Financial Officer Transition
BLS - Strong YTD performance
CEN announces opening of NZ$75 million Retail Offer
AIA - 1H26 Interim Results
February 19th Morning Report
TWL - Share Purchase Plan Results
GMT revaluation, unit buyback and proposed structure update
Devon Funds Morning Note - 17 February 2026
CEN - Contact successfully completes NZ$450m Placement