Future challenges and emerging risks
Sustainable water supply continues to be a challenge for the sector, with the majority of Queensland in drought—particularly in south west Queensland.
Extreme weather conditions increase the need to prioritise water security projects, which will require investment from the state and the water entities in the near future.
Seqwater’s drought response includes the possible use of the Western Corridor Recycled Water Scheme and the Gold Coast Desalination Plant when specific drought triggers are reached. There will be additional costs to use these assets, which may impact on financial sustainability.
Sunwater’s dam improvement program is likely to impact its financial performance, cash flows and returns to the state government.
For more information
For more information on the results, financial performance, future challenges and emerging risks highlighted in this summary presentation, please see the full report on our website.