The Interstate Water Trading Regime

Jacqueline Allan

No 122330, 1999 Conference (43th), January 20-22, 1999, Christchurch, New Zealand from Australian Agricultural and Resource Economics Society

Abstract: In November last year, a pilot interstate water trading project was approved by the Murray-Darling Basin Ministerial Council. This project allows private diverters along a region of the River Murray to permanently trade high security water from one State to another – until November 1997 this would have been impossible. Under this project, solutions will be developed to complex interstate water trading issues so that water will be able to move to higher value uses; be applied to soils that are more appropriate to irrigation; and be used more efficiently – irrespective of State borders. This will in turn help the irrigation industry in Australia become more economically and environmentally sustainable.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 9
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare99:122330

DOI: 10.22004/ag.econ.122330

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