‘Monty Pythonesque’: $80m water buyback was 25% more than asking price

Australia Institute says commonwealth paid far more than initial price for Condamine-Balonne river system buyback“Monty Pythonesque” is how the Australia Institute has described the federal government’s decision to pay $80m for a water buyback in the Condamine-Balonne river system in Queensland last year.The Guardian reported this month that the company selling the water to the commonwealth, Eastern Australian Agriculture, had immediately recorded a $52m gain on the sale of its