AnalysisAustralasiaEconomyEnvironment and Climate ChangeNaturePolitics
Drought and climate change are driving high water prices in the Murray-Darling Basin
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.
- Neal Hughes
- The Conversation
Inevitably, whenever an important good becomes more expensive – be it housing, electricity or water – there is a rush to identify potential causes and culprits.
Water prices in the southern Murray-Darling Basin have reached their highest levels since the worst of the…