Dairy milk production in the Goulburn Murray irrigation District has already been slashed by water scarcity caused by the Murray Darling Basin Plan, a new report has found.
And Victorian Water Minister, Lisa Neville, has warned that the region is approaching a critical ‘‘tipping point’’ if the plan takes away more water.
The new study, commissioned by the Victorian Government, and released in Echuca last night, found that socio-econmic impacts are being felt across the southern basin.
It show more farmers are now relying on the allocation market and are at risk of high water prices.
Ms Neville has restated her government’s opposition to any further water buy-backs under the plan.
She told a meeting of farmers at Echuca that her government will take the report to the next Ministerial Council meeting later this month.