NIC submission on Water Markets Intermediaries Code and Statutory Trust Accounts Policy Position Paper
NIC today lodged their submission to DCCEEW on the Water Market reform - Intermediaries Code and Statutory Trust Account Policy Position paper with an overarching concern that the regulatory burden of this reform, particularly given its scale and pace. We are also concerned that the reform is going too far, and is becoming disproportionate to the problem at hand, and the size and extent of water markets. While market integrity, transparency and good governance are important – there is enormous risk of not striking the right balance for a proportionate policy response […]