The ACCC has released its issues paper on the development of water trading rules advice to the Murray-Darling Basin Authority (MDBA).
The MDBA is responsible for preparing the new strategic plan for the integrated and sustainable management of water resources in the Murray-Darling Basin (the 'Basin Plan'), which will contain water trading rules. In preparing these rules, the MDBA is required to obtain and have regard to the advice from the ACCC.
This issues paper is the first step in developing this advice. The ACCC invites interested parties to make submissions on the issues raised in the paper and on water trading more generally.
Submissions closed on Friday, 1 May 2009.