Market Mechanisms for Recovering Water in the Murray-Darling Basin
Draft research report
This draft report was released on 9 December 2009. You were invited to examine this report and make written submissions to the Productivity Commission by 12 February 2010.
See also
Download the draft report
Download the draft report by chapters
- Preliminaries (PDF - 302 Kb)
Cover, Copyright, Opportunity for further comment, Terms of reference, Contents, Abbreviations and Glossary - Overview - including key points (PDF - 221 Kb)
- Findings and recommendations (PDF - 179 Kb)
- Chapter 1 Introduction (PDF - 218 Kb)
1.1 What the Commission has been asked to do
1.2 The Commission’s approach
1.3 Background to study
1.4 Clarifying objectives
1.5 Conduct of the study - Chapter 2 Water use in the Murray-Darling Basin (PDF - 341 Kb)
2.1 Water availability
2.2 Allocations for consumptive use
2.3 Allocations for the environment - Chapter 3 The development of water markets (PDF - 223 Kb)
3.1 History of water markets in the Basin
3.2 The benefits and costs of water trade
3.3 Trade in entitlements and allocations
3.4 Pricing of water
3.5 Delivery fees and charges - Chapter 4 Allocating environmental water (PDF - 323 Kb)
4.1 Why is water use in the Basin a policy issue?
4.2 How is the Australian Government deciding on environmental priorities?
4.3 Challenges in setting environmental priorities
4.4 Temporal and spatial characteristics of environmental water demands
4.5 Environmental watering and land management
4.6 Incorporating community preferences - Chapter 5 Assessment framework (PDF - 201 Kb)
5.1 Breaking down water recovery into policy design questions
5.2 Effectiveness
5.3 Efficiency
5.4 Distribution of impacts - Chapter 6 Recovering water through non-market means (PDF - 278 Kb)
6.1 Administrative approaches
6.2 Infrastructure upgrades - Chapter 7 Designing a portfolio of water products (PDF - 288 Kb)
7.1 Purchasing of entitlements
7.2 Purchasing of leases on entitlements
7.3 Purchasing of seasonal allocations
7.4 Purchasing of options contracts
7.5 Purchasing of covenants on entitlements
7.6 Purchasing water in unregulated systems
7.7 Purchasing of land and water packages
7.8 Contracts for environmental services
7.9 Establishing a portfolio - Chapter 8 Mechanics of the buyback (PDF - 243 Kb)
8.1 Improving the purchase mechanisms
8.2 Targeting
8.3 Pace of the acquisitions - Chapter 9 Institutional and governance issues (PDF - 225 Kb)
9.1 Who is involved in managing water resources?
9.2 Coordination issues
9.3 Institutional options for water recovery at the Commonwealth level
9.4 Comment is sought - Chapter 10 Overcoming impediments (PDF - 255 Kb)
10.1 Reducing volumetric restrictions on trade
10.2 Improving pricing
10.3 Addressing other direct impediments
10.4 Overcoming indirect impediments - Appendix A Consultation (PDF - 153 Kb)
- Appendix B Buybacks in Australia (PDF - 317 Kb)
- Appendix C Overseas buybacks (PDF - 258 Kb)
- Appendix D Regional impacts of water buybacks (PDF - 192 Kb)
- References (PDF - 227 Kb)
Just briefly...
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Printed copies
Available on request from Vicki Thompson.
Phone: 03 9653 2214
Email: water_recovery@pc.gov.au