Home » Opinion » Beware buybacks’ domino effect

Beware buybacks’ domino effect

THIS week my Murray-Darling Basin representative colleagues and I, as well as the Coalition Agriculture Committee, have toured basin communities to hear from locals.

I hosted a meeting in Mildura with growers and other water stakeholders.

The flow-on effect from Water Minister Tanya Plibersek’s plans to resume buybacks from irrigators in order to satisfy South Australia’s wish for 450GL of environmental water will impact irrigators but will hurt all Australian families at the checkout.

If water is taken out of farm operation, naturally there will be less ability for farmers to grow their produce – reducing production and making produce more expensive.

At a time when mums and dads are struggling to manage the family budget, small businesses will also be hit, such as small independent supermarkets.

Bigger supermarket chains rely on buying power and control market profits with increased shelf prices to keep their margins.

Smaller shops in rural towns don’t have that luxury.

They can either buy more expensive stock or simply go without – either is a perverse outcome for locals.

Labor’s amendments to the Murray-Darling Basin Plan may trigger such a knock-on effect.

If a local shop can’t afford to stay open or can’t stock what people want, it soon goes out of business as people look elsewhere.

Ms Plibersek’s amendments to the plan to bring back water buybacks also confirm Labor is not committed to the socio-economic neutrality test that had previously been a hallmark of the plan’s bipartisanship.

That neutrality test was agreed to by the states under the leadership of the Nationals in 2018, building on the safeguard Labor Water Minister Tony Burke had written into the plan to pursue buybacks only if they delivered positive or neutral social or economic outcomes.

Now Ms Plibersek wants to rip the neutrality test out of the plan and take the basin in a direction that will wreak havoc in our river communities.

It will impact not just those in the basin but ultimately all Australians.

Digital Editions


More News

  • Fire, heat blamed for late arrival times

    Fire, heat blamed for late arrival times

    SWAN Hill passenger train services recorded their lowest punctuality ever in January, V/Line figures show. Reliability on the line was 85.1 per cent, while punctuality dropped to 63.5 per cent,…

  • Getting Lake Boga tourism on track

    Getting Lake Boga tourism on track

    A LONG-closed train station at Lake Boga has become the focus of a renewed push to bring rail passengers to the lakeside town. Glenda Booth, a longtime resident and secretary…

  • Portraits of many paths

    Portraits of many paths

    AN inspiring new exhibition celebrating the stories and faces of people from diverse cultural backgrounds will be showcased at Swan Hill Library and Robinvale Library throughout March. Portraits of Many…

  • Mayor demands drought declarations

    Mayor demands drought declarations

    FARMERS are at breaking point, and now the Balranald mayor is demanding stronger action, calling for formal drought declarations and direct subsidies as the dry tightens its grip. Louie Zaffina…

  • Delegates give council a voice

    Delegates give council a voice

    A THREE-member delegation from Swan Hill Rural City Council will be sent to the nation’s capital in June for the national local government conference. Chief executive Scott Barber said the…

  • Welcome drench in Swan Hill

    Welcome drench in Swan Hill

    SWAN Hill was drenched on Sunday when the Bureau of Meteorology recorded 42.6 mm of rain in a single 24‑hour period. It was a remarkable total for a time of year…

  • Boardroom decision for Mallee mine nears

    Boardroom decision for Mallee mine nears

    AFTER years of planning and approval processes, VHM Limited chief executive Andrew King said the company behind the Goshen mine was “well on the way” to making a Final Investment…

  • Milestone celebrated

    Milestone celebrated

    MARKING a milestone of creativity and community spirit, the Mallee Artists of Swan Hill celebrated their 25th anniversary with a lunch at the Woorinen South Community Centre last week. Founded…

  • Almond harvest begins

    Almond harvest begins

    THE almond industry has begun its harvest season and is projected to yield more than 169,000 tonnes. Last year the almond industry took in 155,697 tonnes, which was above estimates…

  • V/Line service on track

    V/Line service on track

    THE future of the Swan Hill passenger train line is secured despite passengers being told by V/Line staff they could be ushered onto buses in the next 12 months. Passenger…