Drought, climate change drive up water prices in Murray Darling

By Neal Hughes, Abares Senior Economist
Updated July 19 2019 - 1:36pm, first published 12:34pm
Drought, climate change drive up water prices in Murray Darling
Drought, climate change drive up water prices in Murray Darling

Water prices in the southern Murray-Darling Basin have reached their highest levels since the worst of the Millennium drought more than a decade ago. These high water prices are causing much anxiety in the region, and have led the federal government to call on the Australian Competition and Consumer Commission to hold an inquiry into the water market.

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