NT government urged to reject 'speculative' licence for largest private water allocation in state

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NT government urged to reject 'speculative' licence for largest private water allocation in state

Written by Lorena Allam

Aboriginal title holders are alarmed that Fortune Agribusiness is seeking to use more than 40,000 megalitres of water each year for irrigation

A private agribusiness is seeking to use more than 40,000 megalitres of water each year in arid central Australia to irrigate what it says will be one of the country’s biggest fruit and vegetable operations.

If granted, it would be the single largest private water licence allocation in the Northern Territory, which does not currently have a water pricing regime and does not charge developers for water.

Related: Australia's water market is excluding Indigenous people, study finds

Related: Up to half of world's water supply stolen annually, study finds

Related: Irrigators given subsidies under $4bn Murray-Darling scheme drew more water, study finds

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Farmdeals is looking for 50 Farmers to test our App

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