Drought stricken Tamworth gets new dam for 40,000 new migrants

Monday, 14 October 2019

The NSW regional city of Tamworth is currently facing Stage 4 water restrictions, with the Chaffey Dam at just 18.9% capacity after experiencing record low inflows:

The Peel Valley region is also predicted to run out of water by June 2020 unless there is significant rain fall.

Not to worry. The NSW and Federal Governments have just approved the construction of a new $480 million dam near Tamworth:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.