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Centofanti raises water buyback concern

June 14, 2024 9:58 am in by
Image, Facebook/Nicola Centofanti MLC

There’s more calls from the state opposition that productivity will drop if Murray Darling basin irrigator buybacks go ahead.

Federal labor are looking for recover the final 450G/L of water as part of the Murray Darling Basin Plan, with buybacks from irrigators one option presented.

Riverland based Nicola Centofanti, who’s the Shadow Minister for Water & the River Murray has referred to a recent Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) report which examined impacts of water buybacks.

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Centofanti says “The report clearly shows buybacks will increase water allocation prices, hurt irrigators looking to make purchases, reduce water use as a direct result, and force huge loses in production value to the tune $111 million a year.

There’s now further calls from the opposition for state labor to re-think their position on irrigator buybacks, with Dr Centofanti adding further “Susan Close and Clare Scriven have blindly followed their federal Labor colleagues into a flawed water buybacks strategy that is only going to cause hurt and pain for South Australian River communities.  

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