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NEWS
UPDATED 30 SEPTEMBER 2008
INDEXAPR 08MAY 08JUN 08JUL 08AUG 08SEP 08LATEST


Government buys big cotton farm
7 Aug 2008

The NSW and federal governments have purchased the 2,436 hectare irrigated cotton producer Pillicawarrina Station in the Macquarie Marshes wetlands system, including all its water rights. The land will be added to the Macquarie Marshes nature reserve, increasing its size by about 10 per cent. The water rights are general security so there is no entitlement currently but total 8,658 megalitres which will go back to the environment. Pillicawarrina has been a cotton producer since the 1980''s. Locals said the expected price of the transaction would have been around $10 million.

Sydney Morning Herald, 07/08/2008

Previous News Items:
6 Aug 2008 | Farm gate prices reflect competitive market
6 Aug 2008 | Food standards to change
6 Aug 2008 | Farmers fight miners
5 Aug 2008 | Locusts breeding in Victoria
5 Aug 2008 | Government water buy back insignificant


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