The Water Trade Is Booming — and Sucking Australia Dry
On the world’s driest inhabited continent, water is making a few big investors very rich.
Commissioned for Bloomberg News, December 2023.
Murray Darling Basin assignment in VIC and NSW, exploring the consequences and environmental degradation surrounding almond farming and the water table, the threat to dairy farmers and the social and economic fall out for small towns due to drought.
Words by Peter Waldman, Sinduja Rangarajan, Angus Whitley and Sybilla Gross