April 16, 2021

Cotton company reaped $52m windfall in sale of water rights to government

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By Anne Davies From The Guardian UK Deal with Eastern Australia Agriculture, which was done without a tender, raises questions over taxpayer value One of Australia‚Äôs largest cotton companies, Eastern Australia Agriculture (EAA), sold water rights to the federal government in July last year for $79m and then booked a $52m gain on the sale. […]