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
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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.
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