#Watergate’s water mates

The buyers and sellers of Australia’s most controversial water
by Maryanne Slattery and Rod Campbell

Analysis of released documents shows that the licences bought by the Commonwealth didn’t exist until the vendors estimated the volumes of the licences themselves, at the suggestion of the Department of Agriculture and Water Resources. Due diligence was problematic. At least half of the water purchased cannot count towards water recovery targets as it was not included in the baseline diversion limits.

Full report