Alongside this major reform exercise is the Three Waters programme, led by local government Minister Nanaia Mahuta. Budget 2021 allocates a further $296 million to fund the costs of the creation of new entities to effectively, equitably, and efficiently manage water infrastructure and provide New Zealanders with safe supply wherever they live. The Government is committed to water remaining in public ownership, with local authorities, communities, iwi, and others playing a central role. We're making good progress on this work and expect to make further announcements on the details and further support for the programme in the coming months.