Tuesday, July 21, 2009

Mt Isa Water not for sale to SunWater

Mount Isa Water chief executive officer Ian Pascoe has denied the sale of the group to SunWater. Mr Pascoe described rumours of the sale as “speculation” and based on an old report, Brokering Balance: A Public Interest Map for Queensland Government Bodies. “This was something that came out of the Webbe/Weller report and there was an option that SunWater take it over as a subsidiary,” Mr Pascoe said. “Everything is a bit of speculation, nothing has been finalised.”

A Department of Environment and Resource Management spokesperson said the report recommended that category one water authorities should be retained as they were commercial entities which provide a regional approach to the management of water.

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