Thursday, December 8, 2016

Investors and speculators aren’t disrupting the water markets

All water users have a vested interest in maintaining the functionality of Australia’s water markets. Erin O'Donnell (University of Melbourne) and Adam Loch (University of Adelaide) argue that fear of water speculators is a red herring.

Government response to Infrastructure Australia offers no grounds for optimism

For as long as the government avoids rigorous, transparent processes, there is no reason to expect any real discipline in how it spends infrastructure dollars. Marion Terrill and Hugh Batrouney (Grattan Institute) expect more regional boondoggles until we can tie the government to the mast of disciplined investment.