Australia’s National Water Commission has today released Water Markets in Australia - a short history, which documents the evolution of water markets in the country. The report highlights that the benefits of water market reforms have been a result of concerted effort over several decades and across multiple levels of government in response to challenges of scarcity, climatic variability and the changing demands of water users. The report investigates why water markets were introduced, systematically describes what reforms were implemented over time, outlines the results of these reforms, and identifies the key lessons learnt in the processes.
Frontier Economics (Australia) developed the report for the National Water Commission.
For more information, please contact Marita O’Keeffe at m.okeeffe@frontier-economics.com.au or call +61 (0)3 9620 4488.