Metso Incorporate Financial Analysis 2011

Metro pee supply system is a monopoly, monopoly is referring to a market with a single provider who control all over the supplying of goods and services with no make full substitutes. In my opinion, monopoly will be good things if they will non pursue deal in maximization and thats why I turn over that monopoly is bad because theyre main objective is to increase pay which result in harming and destroying consumers. The good thing we occupy is the government, as they protect us from them with regulations and policies. Again, I believe monopoly is bad. The undermentioned paragraphs atomic number 18 related to Metrowater and the expression of points to support my personal opinion. To pay take out with, Metro waters user charges are non fairer. They expose our basic human right to low-cost water by disproportionately burdening poorer families compared with wealthier families. Metrowater have made over $90 meg profit since 1997. This is proof of their overcharging. $90 million profit is non consistent with fair and reasonable charging and keeping tariffs to a minimum. over $26 million has been returned to Auckland City Council in the ricochet of appealing Payments for stormwater. This further financially cripples poorer families through user charges to subsidise the range particularly of wealthier families and big companies.

Fixed charges where everyone pays the same get along hit hardest those on low fixed incomes, like pensioners who trick outt use much water. To shift payment for water services from the owner (landlord) to the occupier (tenant) will again disproport ionately burden poorer families, and violate! the basic human right to cheap water. Particularly non-payment of water bills becomes grounds for eviction. In addition, Metrowater act in a manner which is NOT socially obligated, by keep to use water restriction as a authority of life of debt enforcement of their inflated charges. I believe that Metrowater has a statutory responsibility to act in a socially responsible manner. This is against the stated...

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