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The paper discusses the level of water trading within the NSW Irrigation Industryalong with water prices, reasons, attitudes and knowledge of both permanent andtemporary water trading. It is based on the results of a survey of 1,115 irrigatorsrepresenting over 10% of the total irrigators' population within NSW Water SharingPlans that commenced during 2004 and various secondary data sources coveringwater trading. Temporary water trading in Murray and Lower Murray Darling andLachlan catchments has expanded since the commencement of the Water SharingPlans in NSW. Nearly 7% and 40% of the irrigators surveyed participated in thepermanent and temporary water markets respectively. Fifty six percent of theirrigators believed that temporary trading was good for their area, whereas only 28%had similar views regarding permanent trading.
