Question on Notice regarding water trade deals involving Logue Brook Dam between the Water Corporation and Harvey Water. It seeks clarification on the financial aspects of these deals.

AnsweredQoN 784Legislative Council
Asked
13 October 2010
Portfolio
Water

QuestionView source ↗

LOGUE BROOK DAM — WATER TRADE DEAL
(1) In the water trade deal between the Water Corporation and Harvey Water in 2008, how much did the Water Corporation pay Harvey Water for the value of the water from Logue Brook Dam? (2) In the recent water trade deal between Harvey Water and the Water Corporation, how much did Harvey Water pay the Water Corporation for the seven gigalitres of water from Logue Brook Dam? Hon HELEN MORTON

AnswerView source ↗

I thank the member for some notice of this question. The Minister for Water has provided me with the following information — (1) The Water Corporation has paid Harvey Water $25.8 million for the Logue Brook Dam portion of a larger trade agreement. (2) The price that will be paid for the water is yet to be determined. Harvey Water has agreed to facilitate the water being traded to farmers using the water trading mechanism used within their cooperative.
(2) In the recent water trade deal between Harvey Water and the Water Corporation, how much did Harvey Water pay the Water Corporation for the seven gigalitres of water from Logue Brook Dam? Hon HELEN MORTON replied: I thank the member for some notice of this question. The Minister for Water has provided me with the following information — (1) The Water Corporation has paid Harvey Water $25.8 million for the Logue Brook Dam portion of a larger trade agreement. (2) The price that will be paid for the water is yet to be determined. Harvey Water has agreed to facilitate the water being traded to farmers using the water trading mechanism used within their cooperative.
Hon HELEN MORTON replied: I thank the member for some notice of this question. The Minister for Water has provided me with the following information — (1) The Water Corporation has paid Harvey Water $25.8 million for the Logue Brook Dam portion of a larger trade agreement. (2) The price that will be paid for the water is yet to be determined. Harvey Water has agreed to facilitate the water being traded to farmers using the water trading mechanism used within their cooperative.
I thank the member for some notice of this question. The Minister for Water has provided me with the following information — (1) The Water Corporation has paid Harvey Water $25.8 million for the Logue Brook Dam portion of a larger trade agreement. (2) The price that will be paid for the water is yet to be determined. Harvey Water has agreed to facilitate the water being traded to farmers using the water trading mechanism used within their cooperative.
(1) The Water Corporation has paid Harvey Water $25.8 million for the Logue Brook Dam portion of a larger trade agreement. (2) The price that will be paid for the water is yet to be determined. Harvey Water has agreed to facilitate the water being traded to farmers using the water trading mechanism used within their cooperative.
(2) The price that will be paid for the water is yet to be determined. Harvey Water has agreed to facilitate the water being traded to farmers using the water trading mechanism used within their cooperative.

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