Sep 2017 – The short story is that the Government bought $80m of water credits and we got no water. The long story is far more complicated and involves a government minister, Angus Taylor, a company (Eastern Australia Irrigation) he founded in the Cayman Islands and the water minister, Barnaby Joyce, who approved the purchase.
The story is best explained by Ronni Salt (@MsVeruca on twitter). – https://twitter.com/MsVeruca/status/1124939290075512833 who, in my opinion, brought this issue to light long before the media touched it. Well done Ronni.
Barnaby Joyce, when questioned about the issue replied “Labor, Labor, Labor” and said some other things too. You can listen to the painful 30 minute interview with Radio National’s Patricia Karvelas here – https://www.abc.net.au/radionational/programs/drive/barnaby-joyce-responds-to-australias-watergate/11036040
A good explainer from theconversation.com – http://theconversation.com/australias-watergate-heres-what-taxpayers-need-to-know-about-water-buybacks-115838
The Monthly called it a “scandal” – https://www.themonthly.com.au/today/paddy-manning/2019/23/2019/1555998605/watergate