The scandal-ridden Murray-Darling Basin Plan has once again stirred up passions, captured in an ABC Four Corners report on 8 July. Most commentators can’t see the wood for the trees, or in this case, the hydrosphere for the water.
Who benefits from electricity price spikes to $14,500/MWh, and who pays? Don’t let debates about climate change and renewables blind you to possible cases of vested interests being allowed to exploit the market and gouge the public.
Numerous dead fish now floating down the Darling River and in the Menindee Lakes is more evidence that the Murray-Darling Basin Authority (MDBA) has mismanaged the basin, as the CEC has long documented.
Australia’s best-known finance commentator Alan Kohler was compelled to recognise the importance of the banking separation issue, by the sheer numbers of public submissions to the banking royal commission calling for Glass-Steagall.
