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    How funds are surviving Australia's water market chaos

    Matthew Cranston
    Matthew CranstonUnited States correspondent

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    Record rainfall and growing concern over the politics of the Murray Darling Basin have not been enough to dent the values and demand for water entitlements in Australia's booming farming regions such as the Murrumbidgee.

    With parts of NSW receiving up to 400 per cent of their average annual rainfall during winter, some prices for water allocations have reduced but a trend towards planting crops and orchards such as almonds, which require higher-security water, is keeping some tension around pricing.

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