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In forceAmending Act

Water Amendment (Restoring Our Rivers) Act 2023

Act No. 111 of 2023 · Assented 7 December 2023

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In brief

Requires the Minister to recover an extra 450 gigalitres of environmental water for the Murray-Darling by the end of 2027 and removes the cap on water buybacks. Adds Indigenous considerations to Basin planning, and insider trading and market manipulation rules to water markets.

Who's affected

  • Murray-Darling irrigators and communities
  • Water market traders and brokers
  • Indigenous people in the Basin

Written by AI from this Act's official text. It's MyMP's own description, not a reproduction. The official text is linked below and is the authority.

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