Foreign ownership of water entitlements reveals China and US are the biggest investors

conspiracyoz

The Federal Government’s long-awaited foreign ownership of water entitlement register reveals investors from China and the United States have the biggest stake in foreign-owned water entitlements in Australia.

Key points:

  • The majority of foreign-held water entitlements are in the northern part of the Murray-Darling Basin
  • Agriculture Minister David Littleproud says the figures are not alarming
  • The register does not reveal where foreign government investors own entitlements

The register, compiled by the Australian Tax Office, shows one in 10 water entitlements is foreign-owned at 10.4 per cent. Chinese and US investors each own 1.9 per cent followed by the UK owning 1.1 per cent.

More than 1,800 gigalitres of foreign-held water entitlements are within the Murray-Darling Basin, which is 9.4 per cent…

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3 thoughts on “Foreign ownership of water entitlements reveals China and US are the biggest investors”

  1. STEALING FROM CITIZENS EVERYWHERE, AND HOW MUCH YOU WANNA BET, THAT CHINA GETS A BETTER DEAL, AND WE GET LEAD, MERCURY, SODIUM, ETC…:::

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