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$40bn poured in to keep water flowing

AN unprecedented wave of investment is under way in Australia to develop new sources of water, including desalination and recycling plants, totalling an estimated $40 billion.

At this level, water experts said the level of investment was second only to that in the mining sector.

Just as the global commodity boom drove the mining sector to invest, water experts say climate change is driving investment in water projects around Australia.

Friday 10 July, 2009 10:02 PM

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