Water theft laws and penalties in the Murray-Darling Basin are a dog’s breakfast. Here’s how we can fix them

Abstract

Water is one of Australia’s most valuable commodities. Rights to take water from our nation’s largest river system, the Murray-Darling Basin, are worth almost A$100 billion. These rights can be bought and sold or leased, with trade exceeding A$2 billion a year. But water is also being stolen (no-one knows how much) and the thieves usually get away with it.