Property Council submission to the Commerce Commission on Commission’s Approach Paper on Price-Quality Path for Watercare
On 5 February 2026, Property Council submitted to the Commerce Commission on the Commission’s Approach Paper on Price-Quality Path for Watercare. Why this matters to our members Property Council New Zealand (“Property Council”) welcomes the opportunity to submit on the Commerce Commission’s (“Commission”) intended regulatory architecture of a price-quality path (“PQP”) for Watercare. PQP is a binding regulatory decision that structurally sets the maximum revenue a monopoly provider can earn and the minimum service quality it must meet over a fixed period. The framework defines the rules for how long-lived water assets are financially recovered over time. Our members are directly affected by infrastructure growth charges (“IGCs”). IGCs are upfront charges paid by developers to help fund new water infrastructure
