Tuesday, July 24, 2007

Federal Government to Take Control of Australia's Biggest River System

(Bloomberg) -- Australia's Prime Minister John
Howard plans to introduce laws to take federal control of the
Murray-Darling Basin, the nation's largest river system, after
failing to convince Victoria state to hand over its powers.

Leaders from New South Wales, Queensland, South Australia
and the Australian Capital Territory had surrendered their
powers over the river to the government. Victorian leader Steve
Bracks yesterday refused to do so.


Read more at Bloomberg Commodities News

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