Water pricing processes of 10 Queensland councils to be reviewed
The processes for setting water prices that are used by 10 south-east Queensland councils is to be reviewed by the state’s competition authority.
The State Government has requested the Queensland Competition Authority review and report upon the water pricing processes of Brisbane, Gold Coast, Ipswich, Logan and Redland city councils, as well as the Lockyer Valley, Moreton Bay, Scenic Rim Somerset and Sunshine Coast regional councils.
In particular, the authority is to report upon the extent to which the local governments link increases in retail water prices to increases in bulk water grid costs; and whether the councils’ increases in retail water prices exceed the price that would be required to recover the costs of the increases in bulk water grid costs.
Submissions to the review are due by August 25. The Queensland Competition Authority can be contacted on (07) 3222 0555. For more information about the review, visit here.
Copyright Hallmark Editions 2010. All rights reserved.