Helen Polley (Tasmania, Australian Labor Party) Share this | Hansard source

I just reiterate that $80 million to buy overland flow licences from two cotton properties in Queensland was the highest price ever paid for water under the Murray-Darling Basin Plan. This is on the public record. This translated into a $52 million profit on the sale, much of which was reportedly transferred to its parent company, Eastern Australia Irrigation, based in the—yes!—Cayman Islands. Sounds dodgy, doesn't it? Certainly does to me. Was there a tender process? Of course there wasn't—