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The Guardian - AU
The Guardian - AU
National
Gabrielle Chan

Murray-Darling Basin plan: more money or time needed to complete water buybacks, experts say

Taylor Hall of Mooroopna cold storage logistics company Valley Pack
Taylor Hall of agricultural logistics business Valley Pack opposes buybacks in any form. Management of water resources is overseen by the Murray-Darling Basin Authority. Photograph: Taylor Hall

The Albanese government will face a tougher time buying back water to fulfil the Murray-Darling Basin plan due to increased corporatisation, fewer water holders and a socioeconomic impact test that cannot be met, experts have warned.

Ben Williams, of water analyst Aither, which publishes an index of water entitlements, said the volume turning over annually in the southern basin had dropped 60% since 2011-12 – after the last water buybacks under the Rudd government.

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