When water entitlement and water sharing systems are mis-specified, that is specified in amanner that lacks hydrological integrity, inefficient investment and water use is the result.Using Australia's Murray Darling Basin as an example, this paper attempts to reveal theeconomic consequences of...

Review for: Water Policy in Australia: The Impact of Change and Uncertainty, edited by Lin Crase. Published by Resources for the Future, Washington DC, USA, pp. xi + 268, ISBN 978-1-933115-58-0 (hdbk). US$70.00

Consultancy Report 2 for the Onkaparinga Catchment Water Management Board. This second report focuses on pricing water to manage the catchment water resources in a sustainable manner. A key conclusion of this report is that there are significant opportunities to improve resource use through...

"You have heard that 350 GL offers a "low likelihood" of establishing the River Murray as a healthy working river, 750 GL a "low-to-modems likelihood, and 1,600 GL a "moderate" likelihood". "The question of how much to secure is still an open question".

Imagine what would happen if we valued ecosystems as if they mattered. Imagine what would happen if good environmental managers had the advantage and bad environmental managers got penalised. All we need to do is reverse the onus of responsibility and create opportunity.

At a roundtable, participants are encouraged to go for the bottom line and assume that people have comprehensive knowledge of the issues. The focus of this paper is on opportunities to improve Australia's environment.

Establishing a robust, transparent regulatory water accounting framework that protects the integrity of entitlements.