Rowan Roberts, Nicola Jane Mitchell, Justin Douglas
Abstract
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Water is critical not only to life, but also to economic growth and environmental outcomes. This article examines how water in Australia is currently allocated and used, and explores some of the consequences of current water management arrangements.
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Water is critical not only to life, but also to economic growth and environmental outcomes. This article examines how water in Australia is currently allocated and used, and explores some of the consequences of current water management arrangements.
Key concepts: Allocative efficiency, International trade and water, Business, Water development, Natural resource economics, Water trading, Water sector, Water use