The Renmark meeting with ACCC Commissioners and staff on November 8 revealed just how complex, confounding and confusing the water markets are. Riverland Wine has sent a request to the Commission asking for further talks before the interim report in made to the Treasurer on May 31. The final report must be lodged by November 30.
Now here’s an idea for a big cheer-up!
Sunset, food, wine, friends – it’s the end of the week… 919 Wines and Sassy Brews are teaming up… come along to the Sundown Tapas Wine Bar – catch-up with friends at the end of the week, or gather with colleagues for the end of the work year, have a quick bite before heading out or stay for something more substantial.
Perhaps this most recent slam-dunk of a hail storm will motivate growers, government and the insurance industry time to revisit the age-old insurance question: why don’t farmers insure against such risks? Everyone knows the answer to that; premiums and claims administration are way beyond the capacity of most.
The damage from the November 4 storm across the Riverland has been estimated at $23.3M. The PIRSA Storm Assessment team, operating out of Loxton Research Centre have done an outstanding job making 211 property visits and assessing almost 8,000 hectares of all crops, including cereals, since the storm on the evening of November 4.
Last Friday’s consultation with ACCC Deputy Chair and Commissioner Mick Keough and Commissioner Stephen Ridgeway was well conducted and informative. Not unexpectedly the ACCC team’s opening position was well aligned with conventional competition policy. The widely reported ‘warm-up session’ in Mildura the day before had broken the ice and the commissioners had a predictable, logical response to almost every proposition or allegation of inappropriate competitive behaviour by brokers, traders, speculators and ordinary everyday irrigators.
Late on Monday afternoon, anyone outdoors in the Riverland probably saw the menacing black storm clouds, prowling across the region.
It took about 10 minutes to thrash its way through vineyards and orchards in a strip, perhaps a kilometre wide, from New Residence, then across the river towards Barmera, Winkie, Glossop, Monash, the fringes of Renmark and up the Murtho road to the border.