High and Dry - How Free Trade in Water Will Cripple Australian Agriculture

Author(s): Patrick J. Byrne; Neil Eagle; John A. O'Brien; Daryl McDonald

Current Affairs

Key Points on Water Policy:

  • Measured per capita, Australia is the third most water rich nation on earth.
  • Water is not a private good but a mixed good, with many public good characteristics. Its price curve is inelastic.
  • Both FAO and World Bank research strongly argues that the primary allocation of water between sectors has to be done by governments and that it cannot be one by markets.
  • Trading water from low to high value agriculture is a flawed concept
  • Permanent water trade must be restricted to within irrigation regions, to avoid stranding of assets and collapse of regional economies.
  • The science on the health of the Murray River is so poor that a Federal inquiry recommended that there be no allocation of environmental water until the necessary research is thoroughly completed.
  • The National Water Commission must nclude experts on irrigation agriculture, so that the National WAter Initiative can be properly and profesionally overhauled.
  • Governments must build new reservoirs.

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Product Information

General Fields

  • : 9780977569922
  • : Freedom Publishing Books
  • : Coventry Press
  • : October 2006
  • : .5 Centimeters X 13.6 Centimeters X 21.5 Centimeters
  • : books

Special Fields

  • : Patrick J. Byrne; Neil Eagle; John A. O'Brien; Daryl McDonald
  • : Paperback
  • : 2006
  • : 74