Four multi-region entities could be formed to control New Zealand’s wastewater, stormwater, and drinking water systems. The multi-region water entities would remain owned by local councils in their boundaries, protected by a provision requiring a referendum with a 75% majority voting for privatisation. But the water entities would not pay their owners any dividends. That would sit alongside Taumata Arowai, the drinking water regulator, that was created to take over from the current drinking water regulator, the Ministry of Health. The Government has promised significant savings for ratepayers if water reforms go head.

Source: Otago Daily Times June 29, 2021 22:30 UTC