Member for Barker, Tony Pasin has welcomed the release of the terms reference for the Australian Competition and Consumer Commission’s (ACCC) inquiry into the Murray Darling Basin water market.
The inquiry, which delivers on a Coalition Government election promise, will look at options to improve the transparency and efficiency of the water market.
It will also examine changes in water use, carryover water, trade between water valleys and systems and the effect of water speculators on the market.
“I want to make sure our river communities can have confidence the water market is working the way it should,” Mr Pasin said.
“This inquiry will give us the evidence we need to fix any problems that may have developed.
“Water is so crucial to farmers and communities in the Riverland and Murraylands and I want to make sure they’re getting a fair go.”
“Water was the lifeblood of communities along the river and it’s important that the market operates in a transparent and effective manner and to the full benefit of communities who rely on the Basin.”
“I encourage interested Riverland and Murraylands residents to participate in this inquiry.”
The Government has asked for an interim report to be delivered early in 2020 with a final report by the end of 2020.
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