Taking the water out of the land
- From: Vol 10, Issue 9 (September 2009)
- Category: General
- Region: Asia
- Country:
The race to acquire Cubbie Station’s water entitlements is almost over. GWI’s Australia editor Max Borchardt wonders whether it was worth all the hype.
Australia’s biggest cotton farm Cubbie Station is up for sale, with a price tag of A$450 million (US$389 million). The farm’s 538 million m3 of water entitlements have caught the eye of the federal government, which has A$3.1 billion (US$2.7 billion) to spend on buying back water entitlements in the Murray-Darling Basin ...
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