WHEN I was in high school, our economics teacher taught us about supply and demand.
It’s not rocket science – when you reduce supply, you generally increase demand.
So at a time when Australia is in the midst of a cost of living crisis, is there a reason why the Albanese Government wants to reduce the supply of our staple foods, and as a natural consequence increase the demand and therefore the cost?
Because that is the only possible result from its decision to reintroduce water buybacks, as outlined in the federal budget.
It will directly lead to less water for dairying and staple crops, thus decreasing supply and increasing demand.
If you don’t want to pay more for milk, bread, rice or various other staple foods, might I suggest you join the farming community in opposing water buybacks, which are generally unwanted and definitely not necessary to achieve the desired environmental outcomes.
Stuart Hipwell
Wunghnu, Victoria
