Farmers Warn Water Buyback Scheme Could Drive up Food Prices

Published on June 19, 2024

Debate persists in Victoria regarding the federal Environment and Water Minister Tanya Plibersek’s proposed water buybacks, with agricultural advocates expressing concerns over potential job losses and a worsening cost-of-living crisis. Andrew Leahy, Chair of the Victorian Farmers’ Federation (VFF) Council, continues to oppose Minister Plibersek, despite her commitment to proceed with purchasing more water from farmers. This initiative is part of the Murray-Darling Basin Plan, aimed at sustainable management of Australia’s largest river system and endorsed by the Albanese government to enhance environmental health. According to Mr. Leahy, the Basin Plan is impractical for farmers in northern Victoria for many reasons, with economic repercussions as his primary concern....

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