Three Waters - Government Proposal

Ian from Motueka

To All Residents. The absolute audacity of the Labour Government to railroad the "Three Waters Reforms" (Water, Waste Water and Sewerage) through without proper consultation beggars belief! The proposal is to cut the 67 councils to only four and remove our assets without due consultation or compensation. Quote - "Progressing the Three Waters Service Delivery Reforms - 49.1 remove obstacles in local government legislation that prohibit councils from divesting ownership of, or control over, water infrastructure assets and services." 14 Dec 2020 Cabinet Paper, CAB-20-Min-0521.01 Minute. The only reason for this dramatic upheaval is that over the next 30 years, they say it will become too expensive for Ratepayers to maintain the infrastructure.
The answer is in our NZ History by using Reserve Bank Credit as we did from 1936 till 1989. Irrefutable evidence from the RBNZ Bulletin March 2008 and Royal Commission on Banking NZ, 1956 page 24 showing that only 3 % of Government expenditure came from the private banking system for War purposes, which is proof that the answer is in NZ History. Today because we borrow every dollar as Debt with compounding Interest from the private banks, we cannot even afford to maintain them! - Ian Davey