The Greens are calling for an audit of water licences out of concern foreign interests are buying them in increasing numbers.Earlier this week it was foreign investment in the mining industry the Greens were concerned about and now it is overseas interest in water licences.
The concern also comes as debate continues about the merits of overseas investors buying local farms.
Greens Senator Sarah Hanson-Young says the Federal Government should commission an audit to gauge the level of foreign ownership of Australian water licences.
"Water is a scarce resource in this country we should know who owns it and we should know what the interest is," she said.
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