Water crisis spreads to SEQ

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Australia’s water crisis is spreading north from New South Wales into South East Queensland (SEQ):

Queensland’s combined dam level capacity had fallen to 60 per cent in the south-east of the state for the first time in 11 years, Seqwater says.

External relations manager Mike Foster said it was at the lowest level since the Millennium drought broke back in 2008 and the region’s largest dam, Wivenhoe Dam north of Brisbane, has fallen below 50 per cent.

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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.