A free tip for the government and water ownership and use

The government and ATO should make a simple decision that will help towns based upon irrigation survive these tough times so that they can prosper in the future. That decision is to classify a permanent water right as business real property. If they do this it will mean that a self managed superannuation fund can purchase a permanent water right and lease it back to the members at an arms length rate to use in their horticulture business. At present a self managed superannuation fund can purchase the water and only lease back a small proportion dependent upon the value of the superannuation fund. If this was allowed just think about what you could achieve in the game of survival to then prosper.