Water buybacks are back on the table again in the Murray-Darling Basin. Here's a refresher on how they work

  • Written by: Sarah Ann Wheeler, Professor in Water Economics, University of Adelaide
Water buybacks are back on the table again in the Murray-Darling Basin. Here's a refresher on how they workGreg Brave from www.shutterstock.com

The federal government has announced a new round of strategic water buybacks in the Murray-Darling Basin. The government intends to purchase water entitlements from voluntary sellers in parts of New South Wales and Queensland.

A total of 49.2 gigalitres (GL) will be purchased across seven catchment areas...

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