Water corporations play a crucial role in supplying water, wastewater, and drainage services to communities. For example, in Western Australia, the Water Corporation is a government-owned entity managing a vast area with an extensive asset base, contributing revenue back to the government for public development. Similarly, in Victoria, Australia, multiple water corporations operate under state regulation, providing a mix of services including irrigation, sewage, and urban water delivery, all with a focus on regulation compliance and community support. However, water corporations and particularly the privatization and corporate control of water services are controversial topics. Critics argue that when water services are privatized, corporations prioritize profits which can lead to several negative consequences such as higher water rates, reduced access for poorer populations, labor abuses, infrastructure neglect, and compromised water safety. Examples of such issues have been observed in cities worldwide, including Pittsburgh, Manila, and Lagos. The global water crisis disproportionately impacts low-income and minority communities in many areas. Furthermore, some international financial institutions have supported private water companies in ways that contradict their stated goals of poverty reduction and shared prosperity. Public trust and satisfaction with water corporations have reportedly declined in parts of the world like England and Wales, where customers express concerns about the environmental impact and the industry's focus on profits over service quality and fairness. Regulatory bodies like Ofwat are pushing water companies towards significant improvements in environmental performance and customer service to rebuild trust. In summary, water corporations are vital to managing water resources and services, but their governance—whether public or private—raises important questions about fairness, affordability, sustainability, and accountability. The debate centers on how best to ensure access to safe and affordable water while managing resources efficiently and equitably.