The Hon Dr Anthony Lynham, Minister for Natural Resources, Mines and Energy
Farmers and businesses will have a chance to bid for thousands of litres more water next month to grow their operations and boost the Far North’s economy.
Natural Resources Minister Dr Anthony Lynham today announced that registrations open tomorrow for a live auction of 1200 megalitres of unallocated water in the Babinda and Gordonvale area. “We know that for some farmers and businesses, more water means they can ramp up activity and drive economic activity and jobs growth in FNQ,” he said.
“Successful bidders will receive their water licence and access to this valuable resource within 30 business days of the auction, enabling them to get on with business.”
The 1200ML of groundwater is currently sitting in reserve in the Mulgrave-Russell Groundwater Management Zone, part of the Wet Tropics water plan area.
Member for Mulgrave Curtis Pitt said that while water was usually sold by tender, auction was a fair and efficient way to get the water flowing to farmers and local businesses so that it could put it to best use.
“This allocation of water is well within the sustainable water resource reserves of the Wet Tropics’ water plan.” he said.
“Sustainability is at the heart of Queensland’s water planning process and this remains the focus.”
The next important date is a public information session on Wednesday, 14 February at Hambledon House, Edmonton from 10:00 – 11:30 am. This session will cover the terms of sale, water licence eligibility and how to prepare for the auction on 14 March.
Farmers and businesses have until 7 March to register and confirm their eligibility to hold a water licence with the Department of Natural Resources Mines and Energy.
For more information about the auction:
- visit www.business.qld.gov.au
- call 4017 0140
- visit the DNRME Mareeba office.