As Australia's competition watchdog prepares to study the Murray-Darling Basin's $2 billion water trade, a trip up the river finds irrigators are worried about the market's "unintended" consequences.
A group of cotton growers are selling their entitlement to 30 thousand mega-litres of irrigation water. Pip Courtney asks their agent Danny Thomas of CBRE why they are doing it.
The successful trial, south of Darwin, comes amid increasing scrutiny on southern drought-plagued cotton regions, with many now looking for other areas to grow the crop.
A group of Barwon-Darling farmers have offered to sell their water entitlements at a value which would encourage new owners "not to grow cotton".
A chemical used to control pests in agricultural crops and termites in buildings has been blamed for the death of up to 10 million bees in southern New South Wales.