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 Final Report was released by the ACCC on 26 March 2021. An eight-page guide to the final report, which summarises the ACCC’s findings and recommendations, is also available.

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.

Public consultation

The department will hold a webinar on 23 April 2021 to provide an update on the ACCC Murray–Darling Basin water markets inquiry—final report. The ACCC is attending and will present a summary of the report’s findings and recommendations and will be available to answer any questions.

Register

Have your say

Your say on the ACCC’s recommendation can be made by taking the online survey via 'Have your say'. This survey closes on Sunday, 16 May 2021.

Have your say

For any further information, please contact us at watermarkets@dpie.nsw.gov.au.


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 360.3 KB) in response to the Interim Report in August 2020.

The department engaged a consultancy firm to undertake an independent review (PDF 1.1 MB) of the ACCC’s interim options. The department prepared  preliminary comments (PDF 633.3 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 360.3 KB) in August 2020.