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The Latest Breaking News from Basin

With an El Niño looming, Australia has new laws to stop water market manipulation

It might feel strange to talk about being able to trade water as a financial asset, in the same way as company shares or bonds. But water is big business.

The Conversation

Flooding rains, ocean gains: how a huge Murray flood gave the sea a feast

For decades, the rivers of the Murray-Darling Basin have been heavily regulated by dams and irrigation networks. As a result, the volume of water entering the ocean is about 60% smaller than 100 years ago. But nature broke through during massive floods over the summer of 2022–23, when heavy rains…

The Conversation

Mission to save Murray-Darling Basin edges forward

The next step to save Australia's biggest river system has been unveiled, but conservationists warn it amounts to a drip-feed.

AAP

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Water purchase scheme turns tide for Indigenous owners

Aboriginal representatives will determine how $100 million in federal funding is spent on purchasing water entitlements for the Murray-Darling Basin.

AAP

Murray-Darling Basin plan: what Labor’s new ‘breakthrough’ laws mean for the environment and communities

New legislation extends the timeframe of the plan for three years and removes a cap on water buy-backs to support the river system’s health. Here are the details

The Guardian - AU

Water buybacks on the cards if legislation stalls

The federal government will be forced to start water buybacks if legislation to delay a key deadline for the Murray-Darling Basin Plan fails.

AAP

Commissioners reject big Mackenzie Basin solar farm

Ecological significance trumps clean energy in decision over large-scale solar

Newsroom.co.nz

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Review damns delivery of Murray-Darling Basin plan

A report into the delivery of the Murray-Darling Basin says the federal government must take a renewed approach to water recovery, with little progress made.

AAP

This Permian Basin Energy Stock Could Be the Next Big Oil Takeover Target

Large oil companies in the U.S. are making barrels of cash, and Exxon's bid to buy Pioneer could set off a flurry of similar acquisitions in the Permian Basin.

Barchart

Labor’s new Murray-Darling Basin Plan deal entrenches water injustice for First Nations

The federal government has struck a new deal with most of the states in the nation’s largest river system. The agreement, announced last week, extends the $13 billion 2012 Murray-Darling Basin Plan to rebalance water allocated to the environment, irrigators and other uses.

The Conversation

Murray-Darling Basin Plan to be extended under a new agreement, without Victoria – but an uphill battle lies ahead

Federal Minister for Water Tanya Plibersek today announced a new agreement to restore Australia’s largest and most important river basin. It comes just months before the original Murray-Darling Basin Plan was to be completed.

The Conversation

The Murray-Darling Basin shows why the 'social cost of water' concept won't work

Access to safe, clean water is a basic human right. But water scarcity or barriers to access can cause conflict within and between countries.

The Conversation

Water theft laws so bad only 'morons' are at risk

Australia's water inspector has railed against holes in laws meant to safeguard the resource, calling them rubbish and saying only morons are at risk.

AAP

$Report warned Indigenous communities may struggle to benefit from fracking in the Northern Territory's Beetaloo Basin$

Report warned Indigenous communities may struggle to benefit from fracking in the Northern Territory's Beetaloo Basin

An unpublished report commissioned by the federal government has cast doubt on the fracking industry's promise of jobs and economic benefits for Indigenous communities in the Northern Territory.

ABC News

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The Guardian - AU

Drought and flooding rains: the Murray-Darling Basin water rights balancing act

Floods brought the Macquarie Marshes back to life, but landholders need guaranteed environmental flows to help maintain a healthy marsh ecosystem that also supports businesses

The Guardian - AU

Murray-Darling Basin plan in chaos as Victoria and NSW oppose further water buybacks

Both states are behind on their commitments and Greens senator Sarah Hanson-Young says South Australia is being left ‘high and dry’

The Conversation

Water buybacks are back on the table in the Murray-Darling Basin. Here's a refresher on how they work

The federal government has announced a new round of strategic water buybacks in the Murray-Darling Basin. The government intends to purchase water entitlements from voluntary sellers in parts of New South Wales and Queensland.

ABC News

Murray-Darling Basin Authority ends contracts with First Nations advisory in northern basin

The Murray-Darling Basin Authority is urgently seeking an alternative forum to consult with First Nations communities in the northern basin, after cutting ties with an advisory group it says failed to deliver on contracts.

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ABC News

Management plan must consider First Nations, climate change, says new Murray-Darling Basin boss

Murray-Darling Authority Basin boss to reveal "great unfinished business of water management" as Basin Plan reaches a 10-year milestone.

The Guardian - AU

Birds are back, crops are growing – but is the Murray Darling Basin plan working?

It is 10 years since the $13bn scheme was launched to restore the 1,500km system, and with it comes intensive debate about whether it is on track

Tribune News Service

Tensions rise over drought-stricken Colorado River water use

WASHINGTON — As the Interior Department continues to delay implementing a program to reduce water consumption from the drought-stricken Colorado River Basin, tensions are thickening between the seven states with stakes in the watershed.

Roll Call

Tensions rise over drought-stricken Colorado River water use - Roll Call

As the Interior Department considers how to reduce water consumption from the Colorado River Basin, tensions are rising in western states.

The Guardian - AU

Murray-Darling Basin plan: states likely to get extra time to deliver water

Tanya Plibersek says 2024 deadline is ‘challenging’ as NSW and Victoria expected to ask for exemptions from commitments

ABC News

Murray-Darling Basin Ministerial Council set for pivotal water recovery debate

A new set of faces at the Basin Ministerial Council will debate the final stages of water recovery today.

ABC News

Future gas exploration in Lake Eyre could upset the 'greatest desert river system in the world' forever

The gas industry has been mining Australia's Lake Eyre Basin for decades, but possible future extraction techniques like fracking could devastate its fragile ecosystem.

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