Our asset management approach
We are currently managing more than $7b of assets that deliver essential services for our councils and communities.
The three waters assets are uniquely challenging to manage. They are mainly located underground; many are now near or past the end of their economic lives; and the ground they are located in is subject to earthquakes and other natural hazards.
We are maturing our approach to asset management as we go and as we continue to develop a deeper understanding of the state and condition of the assets, the extent of which also relies on the level of funding we are allocated for these activities.