“Whilst we recognise that our proposal is larger in scale and scope than preceding ones, we believe it is the right proposal to help navigate the many challenges we face and create a better life with world-class water services now and for the future,” he wrote.
“However, our commitment to supporting our customers through payment support programs and rebates remains unwavering.”
A public hearing will be held on November 24, and a more complete draft report created by March. The increases would take effect in June next year.
Katie Stevenson, NSW executive director of the Property Council of Australia, said the group was “very supportive” of the move because the delivery of new homes depended on new water infrastructure.
“The state and federal governments have committed to building almost 400,000 new homes. We can’t do that without some change, so it’s vital we continue on this path,” she said.
