The ACCC is calling on irrigators and other water market participants to share their views on the operation of water markets in the Murray-Darling Basin.
The ACCC has commenced an Inquiry into markets for tradeable water rights in the Murray-Darling Basin.
As a formal inquiry under the Competition and Consumer Act 2010, the ACCC will have access to compulsory information gathering powers that will enable a thorough examination of competition and transparency issues in the markets.
ACCC Chair Rod Sims delivers a welcome address to the ACCC & AER Regulatory Conference. Mr Sims reflects on the history of the conference as well introducing some of the ACCC’s current views on the state of economic regulation in Australia.