water buybacks

The spectre of water buybacks, plus the absence of a targeted support package for Riverland grape growers, risk turning local communities into "economic wastelands", a local MP has warned. Liberal Barker MP Tony Pasin has labelled a $3.5 million federal funding package as "too little, too late" and accused both Labor governments of ignoring the crisis confronting inland wine regions like the Riverland.

Almost 300 people will converge in Albury next week to discuss the future of water management in the Murray–Darling Basin at the 2024 River Reflections Conference on June 19 and 20. This year’s conference features a diverse range of speakers from government, First Nations and farming communities, with a program aimed at fostering collaboration in water management across the Basin.

The Victorian Farmers Federation (VFF) says the Albanese Labor Government’s plan to take water from food production in the Murray Darling Basin Plan in exchange for a $300 million sugar hit is yet another slap in the face for regional communities. VFF Water Council Chair Andrew Leahy said the funding package announced by Water Minister Tanya Plibersek will go nowhere close to what will be required to support communities targeted for water buybacks.

The Albanese Government's legislation change to allow additional water buybacks shocked farming communities that rely on this precious resource ... To add insult to injury, the recent $12 million taxpayer-funded advertising campaign used fake computer-generated images of death and destruction in the basin, along with emotive language that only fuels misunderstanding through the misinformation campaign.

Member for Murray Helen Dalton has thrown her support behind the “Protect Rural and Remote Communities from Commonwealth Water Buybacks” petition lodged with the NSW Legislative Assembly. The origin of the petition is unknown, and is attributed by Ms Dalton to a ‘constituent’ and the independent member says buybacks will harm country towns.  

Hugh Schuitemaker. Ensuring water buybacks can be made from Riverland communities while the “local economy stays strong” is the aim for a senior South Australian politician. Deputy premier, and Minister for Environment, Susan Close said – during a recent visit to Calperum Station – methods to ensure water buybacks that had minimal negative impacts on regional communities were being discussed. “As a state government, we’re still working – mainly through Primary Industries – with the region,” Dr Close said.

On 14 May 2024, the Treasurer delivered the Federal Budget. The key themes of the Budget were addressing cost of living pressures and a ‘future made in Australia.’ ... Waterfind has analysed the May 2024 Budget, and has provided commentary from a ‘water’ perspective on the key initiatives, funding and changes from previous budgets.

The prospectus has been developed following extensive and meaningful engagement by, with, and for Victoria’s Basin communities. It details the next steps Victoria will take following the Commonwealth Government’s decision to buy back up to 450 GL of additional water.