Tuesday, July 25, 2017
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Icon Water's taxes hitting top investors hard

Category: Capital Radio News

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Icon Water's heavy taxes could be costing the company its biggest investors.

Fairfax reports some businesses are being saddled with enormous costs because tariffs which don't discriminate between residential and commercial water use.

A spokesperson from the Canberra Business Chamber says it's becoming better value for money for businesses to go straight to the source, investing in water extraction licences or even their own catchments.

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