Need For Changes In Murray-Darling Basin Water Markets: ACCC

  • Jul 30, 2020 AEST
  • Team Kalkine

ACCC communicated the need for major changes in Water markets in the Murray-Darling Basin to allow for open, fair and efficient water trading that helps water users, communities and the economy.

In ACCC’s interim report for its Murray-Darling Basin Water Markets Inquiry, it was found that $1.5 billion-a-year basin water markets have expanded the frameworks that govern them. Hence, the changes would support the market to operate efficiently.

In the report, ACCC has provided preliminary views on the Basin’s water markets, along with the issues plus the potential options for addressing the same.

 


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