The relative merits of different systems of property rights to allocate water amongdifferent extractive uses are …, variablesupply is dealt with through the use of water entitlements defined as shares of the totalquantity available. In the second …, there are two types of water entitlements, one forwater with a high security of supply and the other a lower security right …

of the Agreement for the value of water use in the Murray-Darling Basin. …

The Murray-Darling Basin faces increasing pressure on water quantity and quality. In 2006-07, salt interception schemes … implemented as part of the Murray-Darling Basin Salinity Management strategy removed over 470,000 tonnes of salt from the water … supply, reducing the salinity of water flowing to Adelaide by about 200 EC units. However, the costs of salinity mitigation …

For most of the last decade, water policy in Australia has been dominated by emergency responses to what was, on most … measures, the worst drought in our history. Irrigators have received only small fractions of their normal allocations of water …, while urban water users have been subject to restrictions of a stringency unparalleled in our recent experience. Debate …