Water market may not be 'good thing for the country', Basin chief says

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The head of the Murray Darling Basin Authority says water markets are hollowing out regional communities in ways that may not be in the national interest | p_hannam

, and also come after the coronavirus pandemic has fanned food security fears.

The ACCC's report will focus particularly on water supply and demand trends since 2012 but specifically excludes a study of social and economic impacts of water trading on basin communities and the effectiveness of water buybacks for the environment. A walnut farm near Tabitta in the NSW Riverina. Perennial crops, such as nuts, can typically outbid dairy and some other annual crops such as riceThe taxpayer-funded Commonwealth Environmental Water Holder, by contrast, has to account for those so-called conveyance losses.

 

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p_hannam Should get Honourable Barnaby to look into the matter

p_hannam Hullooooooo. An announcement of the bleeding obvious. And the Nationals are doing.........

p_hannam Wasn't the plan meant to be to save the river system? So many vying $$ interests, but without a healthy environment, nothing can survive there. Not to mention the rights of indigenous communities, & endangered & threatened native species. auspol

dwabriz p_hannam No shit Sherlock.

p_hannam Well, duh ...

p_hannam Look, I can't read the article but it begs the question, who's interest was it in?

p_hannam Water rights should never, ever have been separated from the land ownership.

p_hannam True talk water should never have become a commodity on the stock exchange. Greedy bastards

p_hannam Who would have thought that if we allowed water to be traded as a poorly regulated commodity by grifters and rent-seekers that we would end up screwing the very people who rely on it.

p_hannam Gee, that'd be a new thing wouldn't it, that something that's being done here may not be in the national interest? Whose interest might it be in then?

p_hannam Bingo.

p_hannam Welcome to fifteen years ago.

p_hannam gov bought out water rights enriching few water traders Now in times of need farmers r not allowed to use Murray water Water is there to be used Cubbie station is wasting so much water to grow useless cheap crop Indians could grow cheaper

p_hannam Who is not surprised that a neo-liberal plan to really on “markets” to sort out commodities prices has not delivered the outcomes expected. “Entrepreneurs” (those expert in rorting) are always one step ahead of the regulators auspol watercrisis

p_hannam 8 years of gov't corrupt bumbling ! Was he born yesterday ?

p_hannam They’re only just realising this now?

p_hannam Is it just me that thinks about Angus and that 80,000,000 dollars every single time water or any water matter in Australia is mentioned?

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