Presents a discussion of water policies and their influence on landuses and land values, based on empirical data collected from within aproclaimed region in South Australia. Two…
Abstract
Presents a discussion of water policies and their influence on land uses and land values, based on empirical data collected from within a proclaimed region in South Australia. Two surveys have been carried out. First, a questionnaire was sent to all 136 licence holders in the proclaimed region, responses being obtained from 56 per cent, which gives a good indication of how present management plans have influenced land use and land and water management and how farmers intend to react to the new management plan. Research finds that the new management plan will achieve its objectives. Second, 60 land transactions within the proclaimed region, during the period 1986‐1992, have been identified and the purchasers interviewed. Based on this survey, the value of irrigation water has been established using financial calculations on gross margin figures for irrigation and non‐irrigation farming.