Lots of interesting stuff, so pay a visit and comment. Policies are the same as here, but with a stronger preference for academic discussion as opposed to polemical arguments about policy.
Natural Resources Conference 2006
The $500 million rule for the Murray-Darling Basin
John Quiggin 
JQ, thanks for making these sites available.
$500 million is such a nice neat figure. I wonder how they came up with that number? Was it the result of a detailed cost benefit analysis and a comparison with other national priorities and the corresponding cost/benefit analysis of those alternatives. Or was it just a whimsical number plucked from the air. Surely our governments don’t spend money on a whim like joe public does.
The detailed cost benefit analysis would have been the number of votes that could be bought. I know it sounds cynical.