Pay higher cost for water after the overhaul

waterA landmark report is expected to swirl from the Infrastructure Australia on urban water early this week, which shall include the agenda of tapping billions of dollars' investment required to bring inclination in the water infrastructure to gel with the rapid growth of population and changing climatic conditions.

According to the advisory body the previously raised concerns regarding water pricing in many of the states is not independent and the government intervention on the pricing regulation matters is required in the projects at the moment.

However anything which may create overhauling in the water prices may prove politically difficult, as the forefront of business and the households had already faced the burnt in the cost of utilities like electricity, which has passed the signal that the inflationary pressures may tend to increase the interest rate further.

The infrastructure co-ordinator expressed that the focus may get long-term investment to the infrastructure, but the question is how to get the regulatory and pricing structures all set for the people to make investment decisions