Article 4Y4R9 Government rejected several offers on water rights before reaching $80m deal

Government rejected several offers on water rights before reaching $80m deal

by
Anne Davies
from on (#4Y4R9)

Exclusive: New documents raise further questions about deal with company founded by energy minister Angus Taylor

The government rejected several offers from Eastern Australia Agriculture over the past decade to sell its overland-flow water rights because the deals were "not value for money", before paying $80m for the same rights, new documents show.

The water purchase in the Condamine Balonne catchment has been controversial because it cost taxpayers $80m, was concluded without tender and the company was founded by the energy minister, Angus Taylor.

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