❓ Mr. Kelly questions the Water Corporation regarding interest charged on overdue accounts, seeking data on the number of customers affected, interest rates, and total revenue generated from January 2015 to February 2016. The Water Corporation provides aggregated data in response.
AnsweredQoN 5279Legislative Assembly
QuestionView source ↗
I refer to the interest charged by the Water Corporation on overdue accounts to customers, and ask for each month between January 2015 to February 2016: (a) how many customers have been charged interest on overdue accounts; (b) what was the rate of interest charged in each month; and (c) what was the total interest revenue earned by the Water Corporation on overdue accounts?
AnswerView source ↗
Answered
10 May 2016
Responded by
Minister for Water
Response time
48 days
(a) From 1 January 2015 to 29 February 2016, 436 902 bills have been charged interest on overdue balances.
(b) The interest rate varies between 0 per cent and 12.38 per cent depending on customer circumstances.
(c) From 1 January 2015 to 29 February 2016 - $4 647 068.
(b) The interest rate varies between 0 per cent and 12.38 per cent depending on customer circumstances.
(c) From 1 January 2015 to 29 February 2016 - $4 647 068.
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