Advancing The Trade Of Groundwater
Entitlements In Australia
Author(s)
T. Boyd & J. Brumley
Abstract
For the past ten years Australia has been committed to widespread reform of the
water industry. An important component of this reform is the national
implementation of trade in allocated water rights. Surface water trading is now
much more established than groundwater trading despite the fact these systems
are often hydraulically connected.
Yet groundwater trading promises to be an effective instrument for the
allocation of groundwater within aquifers which have reached their prescribed
yield limit. As the practice of groundwater trading grows, it is imperative that
effective controls and guiding principles be in place to ensure it achieves
sustainable outcomes. Potential impacts to other users, groundwater dependent
ecosystems and groundwater quality must all be considered. An effective way of
achieving this is through the development of comprehensive local trading rules
for incorporation into groundwater management plans.
This paper summarises the development of groundwater trading policy in
Australia and recommends future management directions and priorities,
including strategies for facilitating appropriate trading rule development. The
issues peculiar to groundwater trade in Australia and the social implications of
such trade are considered along with measures for managing these. The paper
recognises the need in each case to take into account hydrogeological, social and
political variability.
Keywords: groundwater trade, water entitlement, water management, Australian
water reform.
1 Introduction
Australia’s water industry is currently experiencing significant change, including
the implementation of trade in water allocations. For groundwater trades to be
Keywords
groundwater trade, water entitlement, water management, Australian
water reform.
Related Book
Other papers in this volume
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