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.
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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