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  Water Price May Double

By ABC News | Wednesday | 2007-08-15

It’s no secret that Australian businesses and individuals consume vast quantities of water. The protracted drought means prices of the valuable commodity are set to increase, but by how much? A new report suggests it should double in cost.

Water price rises have been on the agenda for some time, and a new report from the Water Services Association of Australia (WSAA) has suggested it should double.

Costs at the moment vary between 90 cents and $1.50 for every kilolitre of water used, and the costs of improved infrastructure and processes like desalination are putting pressure on these prices.

The authors of a recent WSAA report predict that they could double. That may sound alarming, but many water experts say consumers actually pay too little and some suggest the price should almost triple.

In a country as hot and dry as Australia, water is a scarce commodity, so many water supply experts say the price we pay for it is too cheap.

Professor Stuart White, director of the Institute for Sustainable Futures at the University of Technology, Sydney, agrees. "It's true we historically and currently pay too little for water," he said.

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