Tiaki Wai welcomes the Commerce Commission setting out the additional regulation it is considering for the new water organisation.
Tiaki Wai Board Chair Will Peet says the consultation documents released on 7 May 2026 by the Commerce Commission set out a number of proposals to provide for scrutiny of asset management and planned expenditure and information disclosure to provide transparency, and potentially set performance requirements.
“We welcome Commerce Commission scrutiny as it will help give our communities confidence that we are managing our assets and finances effectively and efficiently.”
“We are acutely aware of the importance of every dollar of customers’ money and have a strong focus on delivering value for money. The independent, professional oversight of the Commerce Commission will provide transparency for our communities.”
“We will be looking at what’s proposed in detail and responding to the Commerce Commission,” says Mr Peet.