King & Wood Mallesons

Asia-Pacific 100 position: 3

Day one of the Murray Darling Basin Plan — good news for the environment?

In a major development for Australian agribusiness, the Murray Darling Basin Plan became law on 19 March 2013, following years of negotiation and consultation between the Commonwealth, the Basin States and other key stakeholders.

Ensuring access to a secure and sustainable water supply in the face of a drying climate and rising demand for water is a central issue facing Australian agribusiness. Murray Darling Basin Plan (“Basin Plan”) is a national collaborative plan to manage the surface water and ground water resources in the Murray Darling Basin. However, the Basin Plan has been extremely controversial for agricultural producers who rely on water from the Basin because of its objective of returning substantial water flows, previously available to irrigators, to the environment…

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