Sky News host Chris Kenny says it’s hard to comprehend how ‘such a precious life force as water could be held and traded like bars of gold, silver or bitcoins’. Investors are reportedly hoarding billions of litres of water in attempts to hike up the cost of the commodity –crippling Australia’s already struggling agriculture industry.
Mr Kenny said it was “frustrating and complicated” and called on the federal and state governments to "deliver more clarity and fairness in the way our water is managed". “At times like these, we see speculators making money out of others’ hardships and the more scarce the resource, the higher the price,” he said. Image: News Corp Australia
Kenny is an idiot ! Turnbulls achievement under Howard. And Kenny is a fool for thinking that power prices haven’t been spiked in the same way.
AStrongerOZ I think the word 'precious' has wide application here.
But you guys love capitalism and free markets on Sky. You feeling ok Chris?
Funny I don't recall him criticising Taylor and Joyce for 80 million in tax dollars for water that didn't exist 😂
Don’t tell him about futures markets for all sorts of agricultural products then
water must be made free to ALL Australian owned Farms, then to some minimal amount to business owned farms for a cost to the business, then remainder for the environment, greens to get zero
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