NT decision to grant biggest ever water licence labelled ‘extraordinary’ giveaway

The Northern Territory government’s decision to grant its biggest ever water licence to a private business is an “extraordinary” giveaway of a public asset worth up to $300m for employment benefits that are “largely illusory”, a new report commissioned by the Central Land Council claims.

Last year the NT government granted Fortune Agribusiness a free 30-year licence to extract up to 40,000 megalitres of groundwater a year from aquifers under Singleton station, near Tennant Creek….