That’s not how you haggle
Commonwealth water purchasing in the Condamine Balonne
The Australian Government bought 29 gigalitres of water for $80m in the Condamine-Balonne valley. The vendors originally insisted on $2,200 per megalitre. But after negotiation, the Government paid a higher price – $2,745 per megalitre. Worse, the water has no legal status outside the farm gate and shouldn’t be counted towards the water recovery target.