Australian water should not and must not be considered a commodity, neither China nor the USA have any true entitlement to the water of one of the most drought affected continents on the planet!
Investors and the Coalition must treat Australia and her water with the respect they deserve, but instead our most crucial resource is being sold off to foreign investors.
Disgusting.
“ABC”
I remember a time when the ABC used to be somewhat decent. But since the Coalition victory and it firmly attaching ABC funding to downplaying corruption, it’s gone to shit.
Still, I don’t doubt its claim that China and the US are the biggest investors in Australian water entitlements.
No offense, but that would mean nothing to me if that were true; it’s a matter of whether there’s parasitism and exploitation.
Given the fact that water is being stolen at such a rapid rate that the most important river in Australia is suffering algae blooms that are causing mass fish kills, I’d venture to say there’s a hell of a lot of exploitation.
Again: ABC.
I’m gonna ask if you read the article, because their source for their claim is this government report on the water grants, revealing that China and the USA are the two largest foreign owners of Australian water. Just because the ABC linked the source doesn’t change its validity.
The fact of the matter is that giga-litres upon giga-litres of water are being sold for a variety of reasons to a variety of foreign and national buyers, and the hoarding of this water is directly responsible for the mass fish kills of the most important river in the country.
It doesn’t matter. If it’s the government saying it, there’s probably a “catch” to it.
What catch do you think there is? The current government is perfectly happy to sell our water, this is just their own fucking report on who is buying and investing in water. Do you say the same thing about Chinese statistics about elevating poverty?
I think you’re being pretty obtuse and entirely pretending that this phenomenon doesn’t exist, despite evidence backing it up.
