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Better information the first step in fixing MDB water market issues | Stock Journal



BETTER information flow is the first step in creating a more open and transparent water market in the Murray Darling Basin according to the Australian Competition and Consumer Commission (ACCC).

The ACCC is holding a series of meetings in key parts of the southern basin at present to explain the final findings made in its MDB water markets inquiry.

Speaking in Mildura on Monday ACCC deputy chairman Mick Keogh said two of the major findings of the report were that there was a lack of information in the water market and that there were also very few rules governing trading activities.

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“We recommend a new Water Markets Agency be…

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