Council-controlled water organisations will be able to leverage up to 500% of their operating revenues through the local government funding agency.
The Commerce Commission will oversee it to make sure there is appropriate investment, maintenance, and delivery of water infrastructure for consumers long-term.
Auckland Councillor Daniel Newman joins Ryan Bridge on Early Edition to discuss.
LISTEN ABOVE

Adrian Macey: NZ Climate Change Research Institute Adjunct Professor on ACT's pledge to scrap the Climate Commission
03:56

Kimberly Crewther: Dairy Companies Association Executive Director on the sector's exports and job creation
03:04

Cameron Bagrie: Independent Economist on Westpac's GDP forecasts
02:35