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Friday, March 27, 2026

Michael Laws: Why The New Water Entities Are A Financial Disaster


Michael Laws talks about Why the new water entities are a financial disaster about to seriously impact your wallet, on The Platform

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2 comments:

Barrie Davis said...

There was an article about this in the Dominion this morning and the funny old thing is, you know, they didn’t even mention co-governance.
The transfer of debt from the councils was covered, however, and I figured that would just allow the councils to run up more debt. They are also transferring the bad kudos associated with the pipes. It’s a scam, hiding the pea under a different shell. And we are being forced to accept it.
Now, the actual workers – the dusties, the street cleaners, and many others – are fabulous, and I very much thank them. But the Mayors and the Council have been useless. It is their inaction that have got us here and they are now in the process of escaping the blame.
The Wellington Water (Tiaki Wai) chairperson Will Peet even said “But we have to develop a plan to tackle the big water services challenges and people will see the significant increase in investment set out in this plan over the next decade.” They don’t even know specifically what they have to do!!! It will be years before they even get started, if they ever do, and then it will take a decade. All they do is make up slogans: “Local Water Done Well”, “Let’s Get Wellington Moving”.
This is going to be a waste of time and rates payers’ money, which will now additionally be taxed by the iwis.
And they are about to spend over $200k on a party for finally earthquake proofing what was the new library, while the old library is still standing. The fact is they have trashed our town square.
It’s a nightmare.

Anonymous said...

What a joke. I voted for three waters but the electorate said no thanks, let’s keep raising the infrastructure debt for NZ, and National said “yup we’re on it!”

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