National Water Initiative
The Council of Australian Governments (COAG) initiates, develops and monitors policy reforms that are of national significance and which require cooperative action by Australian governments.
COAG's principal water policy agreement is the National Water Initiative (NWI) —Australia's enduring blueprint for water reform. Through it, governments across Australia agreed on actions to achieve a more cohesive national approach to the way Australia manages, measures, plans for, prices, and trades water.
The NWI was signed at the COAG meeting on 25 June 2004, leading to the establishment of the National Water Commission. The NWI continued a water reform journey that had started in 1994 with the development by COAG of a water reform framework.
This intergovernmental agreement set out to achieve a nationally compatible market, regulatory and planning based system—one that manages surface and groundwater resources for rural and urban use, and optimises economic, social and environmental outcomes.
It represents a shared commitment by governments to increase the efficiency of Australia's water use, leading to greater certainty for investment and productivity, for rural and urban communities, and for the environment.
The NWI includes objectives and commitments to specific actions across eight inter-related elements of water management.
Through its biennial and now triennial assessments, the Commission reports to COAG on progress towards NWI commitments.
Information on other delegated assessment responsibilities – Water Management Partnership Agreements, water planning report cards, other performance reports.
Position statements issued to inform debate on emerging water issues.