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Government urged to rethink water investment
5 Mar 2008
The Rudd government should dump key parts of the Howard government's $10 billion water plan according to agricultural economist Alistair Watson. Reform of the Murray-Darling Basin Commission should be left to the states and the commonwealth take-over plan would be unproductive he said. Dr Watson warned that "there are grave doubts about the existence of defensible criteria for allocating money for specific investment in on-farm and off-farm infrastructure". Efficiency gains from infrastructure investment had been overstated and Australian governments have been seduced by a "water savings cargo cult," he said.
The Australian Financial Review, 5/3/2008
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