INDUSTRY BACKGROUND
The National Water Commission was established in December 2004 as an independent statutory agency responsible for overseeing national water reform, by assisting to implement the National Water Initiative and investment in the Australian Water Fund.
The Water Services Association of Australia reports that the population serviced by Major Urban Water Utilities increased by 2.2% from 2004-05 to 2005-06, yet over the same period total urban water supplied decreased by 3.2%. Declining water use is mainly attributed to water restrictions and to adoption by consumers of water conservation measures.
The Consumer Price Index relating to water and sewerage (weighted average of eight capital cities) indicates that prices for household consumers were 5.5% higher in 2005-06 than in 2004-05.
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