Three Waters already has a $1 billion blowout
The Herald reports: Amendments to the Three Waters reform plan have blown out establishment costs by an estimated $1 billion. The cost of creating 10 new Water Services Entities (WSEs) over a transition period that now stretches to July 1, 2026 is expected to reach $2-$3b. The estimate before recent revisions to the plan was $1-$2b.
Source: kiwiblog.co.nz