Intervalley water trade rules need attention says Mick Keogh.
Australia's critical groundwater resources are poorly managed and monitored to the point of neglect accordin to a prominent engineer.
While the reforms proposed by the ACCC regarding Murray Darling Basin regulations were welcomed, one Sunraysia resident wants more action.
An experienced ACCC commissioner has said the water market rates among one of the least regulated and opaque sectors he has worked in.
The ACCC says better information surrounding water markets will be essential in creating a solution to current market woes in the MDB.
The Commonwealth gave the scheme a $50 million top up as part of the 2020-21 federal budget, after the initial $50m ran out in early 2020.
The NSW floods will see a cleansing flush of water head down the Barwon-Darling River system and have also bolstered inland dam levels.