Compliance, conflict of interest risks raised at Department of Water
Serious concerns have been raised regarding DCCEEW’s dual function as a major water buyer and water policy setter with the ability to manipulate prices.
Water
Duxton Water announce record half-year profit
Corporate water holder Duxton Water Limited has announced its highest ever half-year net profit, as the federal government continues its water recovery efforts.
Push to recognise waterways as ‘living entities’
The federal and Victorian Labor Governments are forging ahead with plans to recognise all waterways as “living entities”.
Record water price: $17,290 a megalitre
The Albanese Government paid a record $17,290/ML for cap-equivalent water, as irrigators hold back, knowing prices will rise.
More Stories
Massive Riverina farm hits the market for $80m-plus
Italian confectionery giant Ferrero, maker of famous treats Nutella and Ferrero Rocher, is selling 2665ha of farmland and a massive water portfolio.
Councils call for Basin buybacks to be scrapped
Six Murray River shire councils have urged the federal government to rethink their planned Basin Plan buybacks.
Farmers seize opportunity to begin lakebed cropping
Farmers are cropping the lakebeds of the Great Darling Anabranch system, as floodwaters evaporate to expose nutrient-rich soils.
Purves pumps up water shareholding
Wentworth Group of Concerned Scientists director Robert Purves has lifted his stake in water speculator Duxton to 8.5 million shares.
Labor’s basin plan binned by NFF and Greens
Farm leaders believe Labor’s new Murray Darling Basin Plan will hand the government “unchecked power” to shut down farms, as the Greens threaten to block the Bill.
SA parliament: 450GL basin buyout impacts ‘minimal’
South Australia’s water boss Ben Bruce says the economic impact of the Commonwealth’s 450GL Murray Darling Basin buyout will be “minimal”.
Water buyouts to begin
Federal Water Minister Tanya Plibersek will wade into the water market to buy up to 450 gigalitres, bypassing socio-economic tests.
Calls to block basin buyouts
Irrigators are demanding to know what action Victorian Water Minister Harriet Shing will take to stop federal water buyouts.
Victorian water theft penalties fall short
Analysis of Victoria’s water theft laws has revealed a pattern of low penalties and continued illegal take. See the difference between fines and value of stolen water.
New water trade rules carry six-figure warning
A draft Water Market Reform Bill paves the way for a new code of conduct and imposes hefty penalties for insider trading.
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