Christopher Luxon
Prime Minister
Minister, Ministerial Services
Minister, National Security and Intelligence
Well, good afternoon, everybody. Hey, listen, I’m pleased to announce that this week we’re making significant progress in implementing Local Water Done Well. It’s our plan to address New Zealand’s longstanding water infrastructure challenges. Local Water Done Well recognises the importance of local decision-making and flexibility for communities and councils to determine how their water services will be delivered in the future. Ensuring water services are financially sustainable and rules for water quality and investment in infrastructure are met are core parts of our approach to ensure that New Zealanders receive high-quality water services at a fair price.
The Government will pass a bill to repeal the previous Government’s three-waters legislation by 23 February as part of our 100-day plan. This will restore continued local council ownership and control of water services. I can confirm that the Cabinet has now set out our plan for the next 12 to 18 months to implement Local Water Done Well, through a further two-bill legislative process. The Government will pass a second bill by mid-24, which will establish the framework and transitional arrangements for the new water services system. This bill will set out provisions relating to council service delivery plans, transitional economic regulation, streamlined requirements for establishing council-controlled organisations under the Local Government Act, and it will also support Auckland Council to determine how they wish to create a financially sustainable model for Watercare.
And then a third bill will be introduced in December and be passed by mid-25, and this bill will provide for the long-term replacement water services regime. This bill will set out provisions relating to long-term requirements for financial sustainability, provide for a complete economic regulation regime, a new range of structural and financing tools, including a new type of financially independent council-controlled organisation. And it will also establish regulatory backstop powers to be used when required to ensure effective delivery of financially sustainable or safe water services in addition to making necessary amendments to the water regulators legislation to ensure that that regulatory framework is fit for purpose and workable for drinking water suppliers.
With that, I have Minister Simeon Brown with me, Minister of Local Government. Simeon, have you got a few more remarks?