TAG
water buybacks
Nationals’ support for today’s Farmer Rally
Member for Mallee, Dr. Anne Webster, will stand with Mallee farmers and her Nationals colleagues shoulder-to-shoulder with hundreds more farmers from across the country today (September 10), in an unprecedented rally against Labor’s anti-farming ideology. Dr Webster said Labor is destroying agriculture and making life impossible for producers of food and fibre, due to endless cuts to the regions, anti-farming legislation and unnecessary red tape.
Murray Darling Association 80th National Conference
Jenny Clarke was a representative of the Narrandera Shire Council at the 80th National Conference of the Murray Darling Association, on which she was the Council’s delegate ... Murray Darling Association – representing local government and community in the Murray-Darling Basin since 1944 - covers 12 Regions from Queensland down to Murray Bridge where the water runs out to the sea ... A challenge in managing the Basin’s resources is delivering sufficient water for people, crops and livestock while maintaining a healthy environment.
Murray River group of councils advocate for community
Council leaders from Gannawarra, Swan Hill, Mildura, Loddon, Campaspe and Moira shires visited Canberra and Bendigo over the last two weeks, speaking to politicians and advisors on water management, renewable energy, housing and the funding of local government ... The latest round of buybacks was a pressing issue for the group.
$100m Indigenous Murray-Darling Basin water fund faces devaluation amid rising prices
A Murray-Darling Basin water advocacy group says $100 million in federal funding for Aboriginal water entitlements is expected to lose about 30 per cent of its value before it’s spent. The Murray Lower Darling Rivers Indigenous Nations group wants traditional owners to be given control over the funding to restore ancestral sites. What’s next? The federal government says it is taking "proactive measures" to make sure its water purchasing programs don't drive up water prices.
$100m for indigenous water entitlements while Riverland left… ‘Hung out to dry’?
Hugh Schuitemaker. An initiative to acquire water entitlements for indigenous communities – in order to "rectify historical and systemic inequities" – overlooks the financial struggles of Riverland grape growers, according to the region’s federal MP. The Federal Government has this week confirmed $100m in funding will be used to purchase water entitlements for indigenous communities in the Murray-Darling Basin, through the Aboriginal Entitlements Program.
Southern Basin communities raise alarm over water recovery impact
The Commonwealth Government water buybacks scheme will disproportionately impact the southern Murray-Darling Basin, as the region still struggles to overcome the impacts of earlier water recovery programs. Water users and local government have outlined the significant risks posed by water recovery policies to the region’s agriculture, economy, and mental health, in a letter to State and federal politicians and departments.
Local faces at water resource conference
Hugh Schuitemaker. Local mayors and a senior irrigation industry figure participated in discussions of how to approach South Australia’s future water use at a major conference ... "A key announcement was that SA Water has committed to cap its reliance on the River Murray at the current level": Riverland Irrigation Trust CEO Rosalie Auricht.
Southern Murray-Darling Basin water entitlement markets lost nearly $2 billion in value over 2023-24, despite Commonwealth buybacks
Today Aither, a Ricardo company, released their eleventh annual Aither Water Markets Report. It summarises water trading activity and trends in the 2023-24 water year and provides insights into the outlook for 2024-25 ... Following a decade of 21 per cent compound annual growth, the Aither Entitlement Index (AEI) has fallen 12 per cent since reaching an all-time high in February 2023 ...
The Menindee compromise released
As the Murray-Darling Basin Authority (MDBA) and the Commonwealth Environmental Water Holder (CEWH) continue to change the rules in their favour, irrigation communities are proposing a dramatic change that aims to benefit food producers and Australia’s largest irrigator, the Commonwealth Environmental Water Holder.
Huge, costly flaw revealed in Labor’s buybacks system leaving local growers hamstrung: Centofanti
Struggling South Australian growers could be forced to wait almost a year for compensation after selling water to the Albanese Labor Government to meet its target of 450GL for the Murray-Darling Basin. Labor has released its Restoring Our Rivers - Trading Strategy which outlines its approach to the destructive water buybacks model over the next year, claiming: “The intent of these rules is to ensure that persons or organisations with prior knowledge of market sensitive information that will be publicly announced, do not have an unfair market advantage over other water market participants”.
