ACCC Murray–Darling Basin water markets inquiry
The Australian Competition & Consumer Commission (ACCC) were directed by the Commonwealth Government in August 2019 to conduct an inquiry into water markets in the Murray–Darling Basin.
ACCC's Final Report–March 2021
The report makes a number of recommendations to enhance markets for tradeable water rights, including their operation, transparency, regulation, competitiveness and efficiency.
The NSW Government intends to respond to the ACCC’s report. The department is consulting with stakeholders and state and basin water management agencies to consider the costs, benefits and priorities of the recommendations to ensure any reform is targeted, proportionate and sustainable.
The department held a webinar on 23 April 2021 to provide an update on the ACCC Murray–Darling Basin water markets inquiry—final report. Watch the recorded webinar.
Submissions were invite for you to have your say from April until 31 May 2021. Thank you for those that made a submission.
We are now considering all feedback received and will correlate your views, ideas and feedback into submissions and a ‘what we heard’ document.
For any further information, please contact us at email@example.com.
ACCC's Interim Report–July 2020
An interim report was released by the ACCC in July 2020, which identified a range of options to improve the transparency and operation of these markets. In response the NSW Government provided a high-level submission PDF, 360.27 KB in response to the Interim Report in August 2020.
The department engaged a consultancy firm to undertake an independent review PDF, 1121.6 KB of the ACCC’s interim options. The department prepared preliminary comments PDF, 633.34 KB on each of the individual options. These comments do not represent a formal NSW Government position, but intended to provide high-level submission PDF, 360.27 KB in August 2020.