Murray-Darling water buyback controversy explained | 7.30
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- เผยแพร่เมื่อ 21 เม.ย. 2019
- Australians have been horrified by the impact of the drought on the Murray-Darling Basin, our biggest river system, with millions of fish suffocating in stagnant pools while whole towns go without water.
For years now, the government has been spending hundreds of millions of taxpayer dollars to buy back irrigation licences, so that more water can be put back into the river.
But one purchase is coming under close scrutiny. Then-water minister Barnaby Joyce signed-off on the purchase of water entitlements, at a very high price, to a company based in a tax haven. That company was also co-founded in 2007 by now-Energy Minister Angus Taylor, who stepped down as director and severed all ties before entering Parliament in 2013.
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A "water market" should have never been a thing in the first place. This is what happens when you let the "small government" lot privatise everything.
‘Small government’ = big business stooges, especially considering water is a textbook natural monopoly and should never have had any sales or prices involved whatsoever
Should be a royal commission into how Adani got the go ahead to pollute our water tables as well
Tony Browne - promise made at a wedding.
Under the table.
👍👍👍🤬🤬🤬
Aye aye - WHO OF ALL AUSTRALIANS. “ STILL DON’T GIVE RIGHT OF SHIPPING WAY ACROSS THE GREAT BARRIER REEF ??! “
Are we living in Australia or the Phillipines? MP “was” (ahem) director of the benefiting company? Who took over his wife? One of his children? Simply disgusting
Just like how Turnbull was a director of a company in competition against the NBN, then as communication minister turned Broadband into fraudband, claims of divestment yet has Cayman accounts that can't be scrutinised, all a bit sus imho!!
Thank America and China for our downhill spiral
Angus Marcos?
I'm sending a litre of my tap water off to the department with a bill for one hundred dollars.
so what is the math on that anyway? i think it is 29,000,000,000 divided by 80,000,000 = $362.50 per litre. WHAT!!!! That cant be right? can it?
@@aaronstately 0.276c per litre or there abouts
@@coreymicallef365 ahh ok.. i must be missing a few zeros on the gigalitre.. thanks. Still, thats nearly half the price of LPG at the bowser pr ltr...
@@aaronstately No you just reversed the numerator and the denominator
@@coreymicallef365 i see, thanks.
Wasn't all that water stolen? Why are we buying it back? Do we normally buy back stolen goods from thieves? Seems a bit shady to me.
That too paying 4 times the amount what thief asked for
It’s the New Way. Trust your gubberment, people, they have your best interests at heart. Hail, oh noble ones . . . You have stolen a commonwealth for your own selfish desires. The knives are being sharpened and knots are being tied. Hear me, oh great ones.
Same with western Sydney airport land. Payed $30m instead of only $3m
As a SWM, multi-tiered taxation and the high cost of living are literally breaking my back. I have to go without, & not have holidays while working too many hours to have the energy to socialise. Sometimes I have to cry in the rain or the shower to hide the tears. Meanwhile in Canberra...
Claw it back that’s F**king ridiculous. Charge anyone involved, no more room for corrupt politicians.
I don’t think Cotton is a sustainable crop for that river system. I think environmental advisory advocates need to provide alternative advise for those companies.
Lana Gaskell - cotton growers are using overland water rights to grow the cotton. This means they use flood water in times of flood to grow cotton not water from the main stream. It doesn’t really matter what you grow, flood irrigated crops all use similar amounts of water. Fact is, the government is happy to waste the water to back their claims we are running out of water so they can charge everyone more for it. Not sure where u live Lana, but the real story is not what is being reported on and the general public in the cities have no idea what’s going on, just the way the government likes to keep their majority vote!
That said, this was obviously a shit deal for the tax payer. Pollies are not business people, that’s why the US is doing so well under Trump, he’s are deal winner!
The river system itself should of had several weirs put in so flood waters could be held along the river system also. That should have been done 50 years ago.
I lived near the Condermine when I was a child. Mostly Grain and Beef. But when going back visiting I could see the decline and the pressures not only from less rain but Fracking and Mines as well as big Agriculture. Years ago in the 1960s most farms were just small family properties. I can even remember Koalas I’m tall Gum trees along the banks. Now there’s none.
This government is so dodgy. Get rid of them.
It's simple, Barnaby Joyce just got what he should have kept at arm's length mixed up.
😂👍 nice one 🤣
Legend.
Call for a royal commission as these are tax payer's money.
With back door Cayman island $80 million dollar water buyback scams i would be putting a tracker on all those involved, would not surprise me if somebody disappeared with a full overseas bank account..
You know so much don't you? Be careful because politicians hate being told about their corruptions. They know where you live, who you are and how to make you disappear. Politicians are good people who just don't know what to do with stolen funds. Look at the various government contractors and the money trail...
Not only are the public being robbed of their money no one will be held accountable, no one will go to jail and the money will never be seen again.
Those involved should be stripped of all their parliamentary $$$, privileges and super.
How can you sell a river. Corrupt and evil and now look. Total devistation
What a sad state of affairs, I feel ashamed to be an Australian after hearing about this disaster. What the hell happened to common sense... oh that's right that takes a back seat to making a dollar. Shameful!
God! I used to swim and fish there as a kid. Where has all the water gone? Shame. 😪
Water is a God given right the same as the air that we breath. It belongs to life and should never have been a saleable commodity. A glass of water should be free over the counter like the old days.Water belongs to the earth and everything and everyone.
Buying back water that should never have been sold in the first place? WTF simply cancel any licenses- they have already "got what they paid for" ENOUGH IS ENOUGH
4:37 This part is interesting. It seems (in my uneducated opinion) that 'The Department' is saying, "Oh yeah, but the unused flood water will help the river systems." I would want to see proof that the property was being reprofiled to allow overland flow to reach the river systems. Remember Cubby Station? It was holding back more overland flow water than there was in Sydney Harbour.
@Jack Bornholt and I said WAS. Or didn't you read my comment fully?
Why are documents about buying water redacted? Seems ridiculous.
Great investigative journalism.
Have a look at the huge Aqua Duct System they’re putting in Africa from The Congo through to lake Victoria in Chad. It’s massive and something like that from Far Northern Queensland down to Southern Murry Darling Systems would Fix the problem.
Obviously corruption involved but thats standard practice with our criminal based registered buisness "Government'
absolutely outrageous..disgusting..no more tax for the government..
buying and selling water, Capitalism everybody! Nestle said in the past: "water is not a right."
They also said their powdered milk was better for babies than breastmilk
@@wgt8022 you are right, i saw a documentary about that. woman that give birth can only sustain creating milk if they are constantly feeding a baby. Nestle started giving free sample of powder milk to mother so they cant feed anymore after that and then they are forced to buy the powder.
By that logic oxygen is not a right either!!
And how much will a Royal Commission cost? $100million? Why not a C'th ICAC?
Corruption corruption corruption!
Feb 2020 and the federal police say...nothing to see here. Australia needs to get woke.
Once the election is over it will be forgotten. Corruption is part of politics no matter who is on power.
I dare you to be power. You watched the Footy show? What do you think about the grass color?
Thanks for the video, didn't know much about it before watching this video.
I could only imagine what BJ was thinking when he singhed of on the buy back.
Yeah he looks forward to retirement now. I think he likes money.
Excellent pace
Should let the farmers take as much water as they want. Let the water run out then wait for the exodus and then buy the super cheap land. With the exodus the voting power of the countryside diminished through redistributions maybe get some real policies through.
What's the matter you? It's a good a place. Given to be given back to corrupt government officials after retirement. Welcome to Sudan.
This is the reason for our rate woes in Australia
When did water, that stuff that comes from clouds, become a $ valued commodity? This stuff belongs to the land, and the people on it. Not the banksters, of whom our so called gubberment, colludes unashamedly. Off with their heads NOW!
Watch thecrowhouse Max igan
Water belongs to Australia
Remember this shit when we come to vote
Hamish McIntosh covered this better on Teh Project.
Also, this is why the Nationals lost west NSW seats in state elections.
No, the Nat's lost those seats because they wouldn't listen to the farmers and very soon, labor and the greens will lose seats when food prices become unafordable due to climate change abatement policies that steal farm water.
Take a bit of care mate... Hamish MACDONALD on THE Project.
@@petercrichton5545 same same
No!
Corrupt corrupt corrupt corrupt corrupt corrupt corrupt corrupt
The question should be how this ghost company from a tax/hell/heaven ended up with owning Australia's water.
Treasonous
Does Tina Turner need to come down there and sort things out? I'm sure we can have a Thunderdome constructed in a few weeks ;)
hasnt Australia ever heard of desalination plants they have to be cheaper then this method of getting crappy water, also recycle all wastewater back into drinkable water.
That would be a possible better plan that they don't want us to know about.👿
whats this 480p garbage
only 2 weeks later you've come to do some copy journalisim go you ABC!
They ALL start with good intentions..........But the power goes to ALL their heads
Three theories or forces dominate or control upon the planet of the earth...
First:The force or theory that dominates upon the atmosphere is the end of the of the first theory of climate change and global warming (dynamic horizontal movement)...
The occurrence of stoms,rains,ice, and floods at times and in unexpected places, is sill under control or balance...
Second:The force or theory that dominates upon Tsunami,earthquakes,volcanic eruptions,sinkholes,dry lakes and rivers,flow of sweet water from the bank of dead sea,the formation of new mountains or islands,collaps of mountains ,& ,& ,&...
Third:The water is revolving or orbiting the earth...
NOTE 1: The earth has a new orbit. ..
NOTE 2: The earth has tilted 1 degree...
Yousif A Tobiya
Forcibly displaced
Wally Wally
Its sad to say that there are several theories taught at Universities by a wrong way...
Yousif A Tobiya
Forcibly displaced
omg
%
Rudd gvt did same with $306 million. Royal commision that too!
Will Atkins YES, anyone that squanders our hard working $$$.
"I"m-'Surprised' They-Didn't-Mention 'Little'-Mum-&-Dad INVESTORS, Once ... so-to-Speak!!!??? >(*U^)< (Joke)
Would you like a individual ho can build the right system yet the most insane farm infrastructure ever junkies this will need to be a new dam system. You really don't get recourse at all and your water use is well check just on 2 liters a day at 8 billion mate and the shower and all the rest nice and the fact you think ground water is well like going to colse all you see is the 8 billion to use and the feed for the car fuel economy to the km $$$$$$ if the fisheries industry is a joke thanks for that see you in a few at 3 and 5 times on two and as clean as the best should have current fisheries poo clean but the amonia 😷they are so full off it but I found a rig that will do it complex math and I've seen the rest😨.
Oh. The Cayman Islands. Now I understand. So now, Barnaby and Co. sleep with the. Mafia. Mr Joyce, you adulterer and family deserter, your card been marked.
The emergence of sinkholes, and dry lakes Chili,California and Peru, and dry river in Florida, and Canada, these phenomenons proves that the end of the second my theory of climate change and global warming (dynamic vertical movement )...
Yousif A Tobiya
Forcibly displaced
Why do we the tax payer pay? Since most of the water were stolen by the farmers . Those stolen water are for every one in this country.
So far no one to vote for. Labor or liberals are cousins same family. Pauline Hanson and Australia is not gone cop it anymore, are the solution so far. The Nile River still alive for more than thousands years . If Australian politicians took over this River management will be dry on a few years.
Racism and intolerance aren't really a solution either, let's be honest. It wasnt minorities or religious fanatics that did this, it was the people in power because there is no accountability. Power corrupts, and shoving lady hitler in power isnt going to help anyone.