14589 (2025). Tangi Utikere to the Minister of Local Government

Written Question
Published date: 07 Apr 2025
14589 (2025). Tangi Utikere to the Minister of Local Government: What assessment, if any, has the Minister undertaken on how the Watercare Charter will impact Auckland Council’s long-term financial stability?
Hon Simon Watts: The financial separation of Watercare, supported by appropriate oversight and economic regulation through the Charter has improved Auckland Council’s long-term financial sustainability Critically, the financial separation has provided Auckland Council with additional debt headroom between its current debt levels and its debt to revenue limit.