On 5 June 2026, Property Council submitted to the Commerce Commission on the Ring-fencing Revenue for Regulated Water Services discussion paper: monitoring and enforcement of the ring-fencing principle.
Why this matters to our members
Water service providers are required to ‘ring-fence’ money relating to water services. The Commerce Commission is responsible for monitoring and enforcing this principle for regulated water services (currently water supply and wastewater). The Commission is consulting on how it should carry out that monitoring and enforcement role.
Our view
Property Council have recommended the ring-fencing of development contributions, future development levies and IGCs under an account separation model for new growth infrastructure. As more water CCOs are created, effective regulatory oversight is crucial and we need transparency behind ‘growth pays for growth.’