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ABC News
ABC News
Business

NT government should charge fracking companies more for groundwater use, economists say

Water is a treasured public asset in the Northern Territory. (ABC News: Michael Franchi)

The Northern Territory government is about to make fracking companies pay for groundwater use, but water economists say the fee is far too cheap and will leave taxpayers out of pocket.

For decades, water had been free for major industries operating in the NT, unlike elsewhere in Australia where charges apply.

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