New Report - NIC's 2nd Review of Federal Government "450GL" Water Purchases
The NIC continues to monitor the Federal Government’s implementation of the additional Held Environmental Water (HEW) program under the Murray-Darling Basin Plan and has released a second report, following our December 2025 analysis.
The 450 GL program has fundamentally changed since it was first conceived. The original budget has been exhausted, expected costs have
escalated significantly, the scope of the program has expanded, and new environmental evidence has emerged. Despite these material changes,
there has been no transparent reassessment of whether continued expenditure represents the most effective, efficient and economical
investment to achieve environmental outcomes and deliver benefits to the Australian economy [...]