Cheaper than dirt: Critics say Sydney’s water ‘massively undervalued’

‘Economists say Sydney’s water is too cheap, and the city is “massively under-valuing” a scarce and finite resource as the drought continues unabated.’

‘”Water in NSW isn’t dirt cheap. It’s way cheaper,” said economist Richard Tooth, commenting on Sydney Water’s latest pricing proposals. “Water costs little than more than $2 a tonne delivered to your house to a quality you can drink.” (That is five litres of water for a cent.)’