Infrastructure

'3 waters', three problems: cost, timetable and Auckland

Pattrick Smellie
Wed, 02 Jun 2021

'3 waters', three problems: cost, timetable and Auckland
A huge catch-up is required for the country's water infrastructure (Source: Getty Images)
Pattrick Smellie
Wed, 02 Jun 2021
Both the cost and timing on the government’s ‘three waters’ reform plan are blowing out, with total costs now estimated to be as high as $185 billion over the next 30 years and no sign of cabinet decisions on proposed amalgamation of the country’s 67 water entities.The new figures, released today, also drew the strongest indication yet that Auckland Council may not go along with the proposals, creating the potential for other councils to walk away from the process.The latest cost estimate is included in a swag of new ana...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Technology
HealthNow: the startup using buy now, pay later for social good
Ben Moore | Mon, 27 Jun 2022

HealthNow is a startup aiming to make healthcare more accessible using the controversial buy now, pay later model.

Opinion
Damien O’Connor’s wilful blindness in his Fonterra about-face
Jenny Ruth | Mon, 27 Jun 2022

Even agriculture minister Damien O’Connor’s own advisers have told him Fonterra’s restructuring plan is against the national interest.

The Economist
How attractively are shares now priced?
The Economist | Sun, 26 Jun 2022

What a key valuation measure says about buying the dip.

Sponsored
Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

Sponsored
High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.