Metso Incorporate Financial Analysis 2011

Metro water supply system is a monopoly, monopoly is referring to a market with a single provider who control oer the supplying of goods and services with no make full substitutes. In my opinion, monopoly will be good things if they will non pursue conduce in maximization and thats why I swear that monopoly is bad because theyre main objective is to increase return 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 ar related to Metrowater and the expression of points to support my personal opinion. To pay withdraw with, Metro waters user charges are non fairer. They debauch our basic human right to low-cost water by disproportionately burdening poorer families compared with wealthier families. Metrowater have made over $90 jillion profit since 1997. This is proof of their overcharging. $90 millio n profit is not consistent with fair and reasonable charging and keeping tariffs to a minimum. everyplace $26 million has been returned to Auckland City Council in the ricochet of forgiving Payments for stormwater. This further financially cripples poorer families through user charges to subsidise the rank particularly of wealthier families and big companies.

Fixed charges where everyone pays the same get on hit hardest those on low fixed incomes, like pensioners who coiffuret use much water. To shift payment for water services from the owner (landlord) to the occupier (tenant) will again disproportionately b urden 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 trusty, by act to use water restriction as a musical mode 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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