TasWater surprises council owners with $5 million half year payout | The Examiner

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Councils around Tasmania got a pleasant surprise earlier this month when TasWater dropped some cash into their accounts. They had been bracing for zero from the company, after TasWater suspended payouts in April last year, citing COVID-19 uncertainty. In a letter to owner councils in February, board chair Dr Stephen Gumley said the six monthly results to December were “materially better than forecast”, leading to an interim…