Transitioning to a water-secure future in the Basin. Increased water scarcity threatens the viability of the Murray-Darling Basin. There has been little analysis conducted of the consequences of water market impediments. The economic dimensions of trade impediments, water management, water market intervention and the net social benefits of water markets are at the core of this project. In particular, this project aims to explore: the impact of impediments and policy in water markets; how further ....Transitioning to a water-secure future in the Basin. Increased water scarcity threatens the viability of the Murray-Darling Basin. There has been little analysis conducted of the consequences of water market impediments. The economic dimensions of trade impediments, water management, water market intervention and the net social benefits of water markets are at the core of this project. In particular, this project aims to explore: the impact of impediments and policy in water markets; how further water market products may increase water market efficiency; and, the nature and sources of transactions costs in markets. Benefits from this project will enhance resilience and adaptation of irrigators to future climate change and water shortages, as well as providing future policy guidance.Read moreRead less
Impacts of changing water ownership and reforms on Australian water markets. Water markets play a critical role in helping Australia’s food bowl survive periods of severe drought. This project aims to evaluate how the Murray-Darling Basin water markets performed, in terms of the impact of water ownership, and investigate how water reforms have affected rural communities over the past two decades. Expected outcomes include a clearer understanding on how different water ownership structures impact ....Impacts of changing water ownership and reforms on Australian water markets. Water markets play a critical role in helping Australia’s food bowl survive periods of severe drought. This project aims to evaluate how the Murray-Darling Basin water markets performed, in terms of the impact of water ownership, and investigate how water reforms have affected rural communities over the past two decades. Expected outcomes include a clearer understanding on how different water ownership structures impact price and price volatility of water, market power, economic welfare of water traders, and what social and economic impacts water reforms in the past decades have in the Basin. The findings will provide critical evidence for evaluating future water reforms, building resilient rural communities and safeguarding food security.Read moreRead less
A dynamic understanding of labour market mobility of new migrants. Australia is an immigrant country. Despite this, we know little about the factors that enable some migrants to integrate quickly and successfully into the labour market, while others do not. This project will use an excellent set of longitudinal data that follow new migrants over a period of three and a half years. It will apply sophisticated panel data econometric techniques to identify the causes of their success or otherwise ....A dynamic understanding of labour market mobility of new migrants. Australia is an immigrant country. Despite this, we know little about the factors that enable some migrants to integrate quickly and successfully into the labour market, while others do not. This project will use an excellent set of longitudinal data that follow new migrants over a period of three and a half years. It will apply sophisticated panel data econometric techniques to identify the causes of their success or otherwise in the labour market. It will also examine the link between labour market success and the overall settlement experience, including satisfaction with life in Australia, of migrants.Read moreRead less