10328 (2024). Hon Kieran McAnulty to the Minister of Local Government

Written Question
Published date: 22 May 2024
10328 (2024). Hon Kieran McAnulty to the Minister of Local Government: Will the Crown bail out Watercare if it defaults, under its new Local Water Done Well model?
Hon Simeon Brown: The Government has been very clear that under Local Water Done Well the Crown will not be providing financial assistance to local government for the delivery of water services. Additionally, legislative settings will be extended to Watercare so that any loan contracts entered into by Watercare must include disclosures they are not guaranteed by the Crown.