Report reveals that foreign interests hold 11.3% of Australia’s water entitlements – about half of which are in the food and fibre producing Murray-Darling Basin
Get our morning and afternoon news emails, free app or daily news podcast
Foreign interests hold almost 12% of all water entitlements in the Murray-Darling Basin and the level of foreign ownership in water is increasing, a new report shows.
Foreigners own or have a significant share in 4,503GL of Australian water entitlements, which is 11.3% of all the entitlements across the country, the Australian Taxation Office’s report says.
About Author
More Stories
Vatican seeks to debunk fake news on health of Pope Francis
Mystery of Jersey’s huge iron age hoard may have been solved
Trump raises Canadian steel and aluminum tariffs to 50% as trade war escalates