The first version of the Water Sharing Agreement was signed in 1914, when New South Wales, South Australia and Victoria came together to ensure that water from the Murray River was managed in an agreed manner to leave southern Australia with sufficient water. South Australia gets a certain volume (currently 1,850 gigalitres) on which it can rely each year, unless the expected reserves are low. South Australia may carry forward and store some of its annual claims in River Murray reservoirs such as Dartmouth and Hume Dams and Lake Victoria to meet critical human water needs and/or private transmission. The Water Act began on 3 September 2007 and was passed on 8 December 27, 2008, as amended by the Water Amendment Act 2008 (Cwlth), following the March 2008 Murray-Darling Basin Reform Agreement and the July 2008 Murray-Darling Basin Intergovernmental Agreement on Reform. Menindee is a common resource if the volume held exceeds 640 GL and remains a common resource until the amount of water falls below 480 gigalitres, Menindee is then a resource in New South Wales until the lakes reach 640 gigalitres again. The agreement is amended from time to time by the Council of Ministers to ensure that it meets current needs. For example, Shedules G and H were added in 2011 to address the problems identified during the Millennium Drought. The basin state governments and the Australian government have all signed the agreement, and each state contributes to the financing of the management of the Murray River on the basis of its water consumption. In the wake of the Millennium Drought, an important element of South Australia`s water policy framework, the South Australian Storage Right, was included in the agreement. “Promote and coordinate effective planning and management for the fair, efficient and sustainable use of water and other natural resources in the Murray Darling Basin, including through the implementation of agreements between contractual governments to implement the basin plan, the Water Act and state water requirements.” Water shares are not simply a volume made available to each state each year. Inflows into the system change each year, changing the water available to States and the water available for assigned allocations. What does not change is the formula for calculating the amount of water each state receives. The MDBA is responsible for calculating each state`s share of water in the River Murray system, while governments allocate water to Basin State within each watershed, based on the amount of water available.
The MDBA does not participate in the decision on the amount of water to be allocated to rights holders. The MDBA is legally responsible for water sharing under the agreement. It acts as an independent body to ensure that each state receives the water to which it is entitled, from the main River Murray reservoirs (hume and Dartmouth Dams) as well as the Menindee Lakes. Water is a precious and limited resource that must be shared for the benefit of basin communities, farmers and the environment. The Murray-Darling Basin Agreement (the Agreement) is a long-standing agreement to share water in the South Basin and sets out the rules for the management and management of the Murray River. The Murray-Darling Basin Authority (MDBA) was created by Commonwealth legislation – the Water Act 2007. The legislation transferred the powers and functions of the Murray-Darling Basin Commission to the MDBA. We are now the body responsible for monitoring water resource planning in the basin.
In addition to the establishment of the MDBA, the Water Act: For more than 100 years, states have shared water from the Murray River. . . .