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Duxton Water sells water rights, sparking debate over agriculture's water future.
Duxton Water received $121.3 million from the federal government for selling about one-third of its water assets from the Murray-Darling Basin, amounting to 30,614 megalitres.
The company plans to use the funds to reduce debt and buy permanent water entitlements.
However, the sale has sparked criticism from farming and irrigation groups, who worry it will reduce irrigation water available for agriculture.
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Duxton Water vende los derechos de agua, provocando un debate sobre el futuro del agua en la agricultura.