Metso Incorporate Financial Analysis 2011

Metro peeing supply system is a monopoly, monopoly is referring to a market with a single provider who control everywhere the supplying of goods and services with no make full substitutes. In my opinion, monopoly will be good things if they will non pursue pick out in maximization and thats why I suppose that monopoly is bad because theyre main objective is to increase lolly 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 argon related to Metrowater and the expression of points to support my personal opinion. To pay attain with, Metro waters user charges are non fairer. They give centering our basic human right to low-cost water by disproportionately burdening poorer families compared with wealthier families. Metrowater have made over $90 cardinal profit since 1997. This is proof of their overc harging. $90 million profit is non consistent with fair and reasonable charging and keeping tariffs to a minimum. everywhere $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 grade 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 garmentt use much water. To shift payment for water services from the owner (landlord) to the occupier (tenant) will agai n disproportionately burden poorer families,! and violate the basic human right to inexpensive water. Particularly non-payment of water bills becomes grounds for eviction. In addition, Metrowater act in a manner which is NOT socially liable, by continue to use water restriction as a way 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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