No one owns water, but someone makes a lot of money from it!
NewstalkZB reports:
Watercare is under fire for keeping a $20 million deal with Waikato-Tainui under wraps.
It’s been revealed the Auckland Council-controlled water provider last year signed up to paying $1 million a year, for two decades.
You don’t need to own something, if the law requires your permission for consents to use it. You still can extract rental income from it.