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450GL Purchase Program

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Status: Answered, finished
Asked by: Senator the Hon. Matthew Canavan
Portfolio: Climate Change, Energy, the Environment and Water
Agency: Department of Climate Change, Energy, the Environment and Water
Round: 2026-27 Budget estimates
Question No: SQ26-000608
Asked: 8 June 2026
Answer due: 16 July 2026

Question

The work undertaken by Marsden Jacobs in 2005, which informed the Social and Economic ''considerations'' provided to the Minister as part of the 450GL purchase program, looked at industry impacts, but this was not detailed in the considerations report - why was that? 1. Why wasn't further work undertaken to further assess localised and industry-specific assessments of the economic productivity losses resulting from Commonwealth water buybacks undertaken to meet the 450 GL water target? 2. Will this assessment be completed?

Answer

Please see the attached answer.

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