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Phillips Fox not slow on the H20

Phillips Fox and the Queensland University of Technology (QUT) have joined forces to develop the principles for a national water trading scheme through the Phillips Fox/QUT Collaborative Water…

user iconLawyers Weekly • 21 November 2003 • Big Law
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Phillips Fox and the Queensland University of Technology (QUT) have joined forces to develop the principles for a national water trading scheme through the Phillips Fox/QUT Collaborative Water Project — an unparalleled combination of academic, legal, scientific and commercial expertise. The project will involve research and consultation with state agencies, farmers’ groups, environmental groups and other water users.

 
 

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It will identify current practices, administrative arrangements and the key requirements for a national water trading system and produce a report defining water access entitlements and the legal structures necessary to facilitate a national market for trading those entitlements. Recommendations will be made to the Commonwealth and state governments regarding implementation of the system.

QUT and Phillips Fox hosted a National Water Initiative Forum in Canberra earlier this week to bring to the fore the relevant issues to be addressed by the proposed regime.

A proposal to establish a national water trading system will be debated at a national water forum this month in a bid to help Australia make its most precious natural resource last.

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