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AAP
AAP
Business
Stephanie Gardiner

Big business wins on water, farmers say

Claire Miller New South Wales
NSW farmers say the water market benefits overseas investors over family farms and the environment. (Dean Lewins/AAP PHOTOS) (AAP)

Farmer Lloyd Polkinghorne's neighbour needed water to grow feed for his cattle, so he bought some on the trading market.

"The seller of the water was the New York Police Department superannuation fund," Mr Polkinghorne told a NSW parliamentary inquiry into water trading, sitting in Griffith on Tuesday.

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