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Article: Rudd buys up water to save Murray.
- Article from:
- Australasian Business Intelligence
- Article date:
- May 28, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Matthew Cranston
May 28, 2009 (The Australian Financial Review - ABIX via COMTEX) -- The Australian Government, keen to save the Murray-Darling river system, has spent $A303m to buy 239,771 megalitres of irrigation water from the Twynam Agriculture group, the largest water rights holder in New South Wales. This is the biggest such deal so far, ...