Minister for Sustainability, Environment, Water, Population and Communities
Minister welcomes settlement between SA and Victoria
14 June 2011
Water Minister Tony Burke today welcomed the settlement between South Australia and Victoria on water trading rules.
"The commitment shown by Victoria and South Australia to work together will help achieve reform in the Murray Darling Basin," Mr Burke said.
"Today's agreement shows how the two states have been able to work through their respective challenges to reach an outcome which is good news for communities in the Basin.
"At the last Election, the Gillard Government undertook to bridge the gap between current diversion limits and those that are required under the Murray Darling Basin Plan when it is finalised.
"The commitment to totally remove trade restrictions by mid 2014 will advance our capacity to bridge the gap.
"An efficient and fair water market is essential in delivering reform across the Murray Darling Basin.
"I also welcome that the agreement provides access to water storages in Victoria for South Australian water users which will be of assistance to South Australia in developing carry over rules."
During this water year some South Australian irrigators received less than their full water allocation due to challenges in carrying forward water. This agreement will help to prevent such a situation occurring in the future.
"Through the Murray Darling Basin Ministerial Council, the Commonwealth, states and the ACT will continue working closely together to drive the best outcomes for communities in the Basin."