New inquiry to look into water asset drain on public purse

THE drain on the public purse from maintaining Queensland's water assets will be the focus of a new parliamentary inquiry.

The State Development, Infrastructure and Industry Committee will look at ways to reduce the maintenance costs and thereby increase revenue.

Committee chair David Gibson said the Queensland Audit Office report to parliament - which raised significant concerns about infrastructure such as the Gold Coast desalination plant and the Western Corridor Recycled Water Scheme - sparked the inquiry.

"The Auditor-General's report raised significant areas of concern and the committee will examine not only the failings identified in the report but we will also examine ways to improve the future public value of these assets," he said.

"We need to look at innovative ways to increase the revenue produced by these assets."

Mr Gibson invited the public to make submissions by October 25.

The committee will hold a public briefing and hearing early next year as part of its examination.

For more information visit the Queensland Parliament website.



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