Should water prices be lowered immediately? | POLL

Should water prices be lowered immediately? | POLL

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While an independent inquiry into water pricing found customers have been charged too much for water, prices are unlikely to come down before the middle of next year.

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While an independent inquiry into water pricing found customers have been charged too much for water, prices are unlikely to come down before the middle of next year.

Former regulator Lew Owens conducted the inquiry, and found the former Labor government had deliberately inflated the starting asset base of SA Water by $520 million in 2012 to protect its revenue, driving up water bills.

Treasurer Rob Lucas said SA Water prices would not be known until next year and would depend on the independent regulator, the Essential Services Commission of SA, but expected prices will come down in light of the report and present "low interest rate environment".

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