Australian Water Management Review Vol 1 2010 | Page 32

Securing urban water supplies All Premiers and Chief Ministers have endorsed the model for a National Water Market System. The new system will include a common registry system or system upgrades for all jurisdictions, and a new national portal and interstate processes to speed-up cross-border water trades and cut transaction costs. The Australian Government has committed $1.5 billion towards a range of initiatives towards securing urban water supplies and to reduce reliance on traditional rain-fed water sources. For further information on Water for the Future call 1800 218 478 Many of Australia’s cities and towns are also facing some big challenges in securing their water supplies as a result of extended drought and projected growth in demand. The already-emerging impacts of climate change add further urgency to this task. or visit www.environment.gov.au/water To date significant funding has been directed to a number of wastewater recycling, stormwater harvesting and desalination projects around the country. Funding has also been made available to support individual Australians in taking action to conserve water resources by installing rainwater tanks and greywater systems. For example, a $3.3 million project in Brisbane, the ‘South Bank Stormwater Harvesting and Reuse Centre’ project, will lead to about 77 megalitres per year in water savings. Stormwater entering the South Bank parklands from a surrounding catchment, which would otherwise flow into the river, will be intercepted and treated for reuse on-site. National Water Market System Australia’s water market is being strengthened through a $56 million investment by the Australian Government to develop a faster, more efficient and nationally focused water market system. Top: Carpark Lagoons in the Katarapko Floodplains SA prior to the environmental watering in March 2009 (Mark Mohell & DEWHA) This will address differences between water registers in each state and territory, and their varying capacity to inform the market and support interstate water trade. WATER Above: Water tank (Michelle McAulay & DEWHA) for the Below: Carpark Lagoons in the Katarapko Floodplains SA after the environmental watering in March 2009 (Mark Mohell & DEWHA) FUTURE Preparing Australia for a future with less water Water for the Future is the Australian Government’s 10-year, $12.9 billion initiative to prepare Australia for a future with less water. Water for the Future is built on four key priorities: • • taking action on climate change using water wisely • • securing water supplies supporting healthy rivers and wetlands For more information visit www.environment.gov.au/water or call 1800 218 478 Water Management Review 2010