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The importance of water to Australian supply chains

In good times, extractive industries have benefited from high demand and prices, with the Australian economy enjoying a growth in exports. The current global economic recession paints a different picture.

Information about The importance of water to Australian supply chains

The volatility of commodity prices has had a profound effect on the Australian economy. In good times, extractive industries have benefited from high demand and prices, with the Australian economy enjoying a growth in exports. The current global economic recession paints a different picture. As growth in developed economies and the supply of certain commodities exceeds demand, profit margins are becoming tighter. One commodity that has not reduced in price or demand is water. This article assesses the importance of water to the effectiveness of supply chains, and in turn the economy.

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