Basin Authority to be broken up, minister rules out farmer water buybacks

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Basin Authority to be broken up, minister rules out farmer water buybacks
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The Federal Government commits not to buy any more water from farmers, as an independent review finds a key part of the Murray-Darling Basin Plan will not be delivered on time.

The Federal Government has committed not to buy any more water from farmers, as an independent review finds a key part of the Murray-Darling Basin Plan will not be delivered on time.Keith Pitt says says Government won't buy any more water from farmers to meet the Basin PlanAn independent review has found that a key water savings target won't be met by the Basin Plan's 2024 deadline

Mr Pitt has told the ABC he would launch an "action plan" to "refresh [the Government's] commitment to the future of communities in the Murray-Darling Basin" today. About two-thirds of water recovered for the environment under the Murray-Darling Basin Plan has been purchased from irrigators, under "buybacks", with the majority of deals taking place between 2007 and 2014.to ensure no more than 1,500 gigalitres of water savings could be obtained through buybacks from irrigators and there has not been a government buyback since 2017-18.

Mr Pitt is also expected to release the Water for the Environment Special Account Review , which was due to the Government in early 2020, under the Water Act. "We are committed to working with the states to squeeze more water efficiencies out of existing projects," he said.of not meeting the Murray-Darling Basin Plan's June 2024 deadline.

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