The Australian Dairy Industry Council’s (ADIC) has expressed concern in a submission to the
Senate Inquiry into the Murray-Darling Basin Plan, regarding the impact of the Basin Plan on dairy business viability.
viable. So far, more than 1160GL of a possible 1500GL transferred from irrigation to the environment through buybacks.
timelines as well as a lack of planned transition and structural adjustment.
to the environment,” Mr Hoey explained.
of some irrigation districts; and overall, difficulty in growing our milk production.”
Murray Irrigation District sold to the Commonwealth as buybacks, could have resulted in the production of an additional 289 million litres of milk
if those entitlements were still owned. That 289 million litres of milk would be worth approximately $144 million at the Farmgate.
have added a cost impost of $41million at $150/ML. On 12 October 2015 temporary water was trading at $300/ML.
water is taken from the irrigation pool,” Mr Hoey said.
to trade environmental water and an appropriate sustainable diversion limit adjustment mechanism.”
more trading of temporary water. However, the ADIC said it is vital producers in the region benefit from the availability of this water through
a fair process to trading the water.
full recommendations from the ADIC submission see http://www.australiandairyfarmers.com.au/submissions