water

National | World | Economic History | Pop Eco | Interactive Articles

Mixing economics with water

Economics 101 tells us that competitive markets result in better value for consumers. Ismini Karamesinis, a regulatory analyst at the Essential Services Commission, explores how regulation is tackled in an area where monopolies rule.

A clash between ethics and the market: price gouging and Hurricane Harvey

Hurricane Harvey has wreaked havoc across the Southern United States, causing severe flooding and breakdowns in all sorts of essential infrastructure such as transport and communication. At some point, there seems to have been an erosion of the unwritten rules that form our social norms, and at the surface, it can appear that there are profiteers seeking to make a quick buck out of the desperate – price gouging.

Saving the Murray, one incentive at a time

In the Murray-Darling Basin, water is valued as both a vital commodity and an ecological necessity. Market-based approaches towards water management have struggled to balance these competing demands, writes Eddie Go.

ESC Water Pricing Decision

The Essential Services Commission released their draft report on Melbourne’s water pricing situation; ESSA was there to bring you the latest from their investigation.