Inquiry into Murray-Darling Basin water markets commences
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.
Terms of reference
Murray-Darling Basin water markets inquiry
Welcome address: ACCC and AER Regulatory Conference 2019
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.
Stable year for Murray–Darling Basin infrastructure operators, despite drought
Hotter and drier-than-average weather led to reduced water availability and higher prices for tradeable water products in 2017–18, placing pressure on water users in the Murray–Darling Basin, the ACCC’s ninth annual Water Monitoring Report has found.
Despite this, the ACCC found that 2017–18 was a relatively stable year for major water infrastructure operators, with relatively minor changes in hypothetical (or average) bills for irrigators in the majority of networks.