Government report confirms buyback effect on irrigators

6 Apr 2016 4:55 PM -
The Ricegrowers' Association of Australia (RGA) have welcomed a government report confirming the Commonwealth’s influence on water market prices in the southern Murray darling Basin.

Mr Morton said that the Aither report provides an honest appraisal of the effect government buybacks had on the cost of water, and provides policy makers with clear direction on the Basin Plan.

“We all know that the amount of rain captured in dams is the main driver of water prices from year to year, and the RGA recognises this fact. You can’t blame the Basin Plan for dry weather.”