This report identifies the main changes in water markets in the Murray-Darling Basin over the past 15 to 20 years and explains the main factors driving these changes.

Outlines the main features of Australia’s water markets and details key factors influencing water prices in the Murray-Darling Basin.

This paper presents a new farm level microsimulation model of irrigation activity within the southern Murray-Darling Basin (sMDB), developed by ABARES on behalf of the Department of Agriculture and Water Resources. The model remains under ongoing development, a number of planned improvements to the model...