Premier Mike Rann says Victoria needs to listen to the experts and lift its restrictive cap on Murray-Darling water trading as soon as possible.
The National Water Commission (NWC) and the Productivity Commission have assessed the water market and today condemned Victoria’s cap of 4 per cent on trading its water, an assessment welcomed by Mr Rann.
“This is a devastating indictment of Victoria’s position and intransigence”, Mr Rann said in a statement.
Mr Rann said the NWC and Productivity Commission’s recommendations indicate exactly why SA is arguing its case against the Victorians to the High Court.
“They must undertake to get rid of trade barriers as quickly as possible, because they’ve placed a handbrake on the whole reform of the River Murray.
"There is only one basin - the River Murray does not respect State borders," he said.
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