Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES)

released 8 August 2018

In this study, the ABARES water trade model is used to simulate what would happen to the water market under a repeat of the Millennium drought, with current water demand, environmental water recovery, trade limits and carryover rules. These scenarios indicate future water price levels and trade patterns across the sMDB under a repeat of historical climate conditions (for the period 2002–03 to 2016–17).