Episode 73: Water trading – Empowering agriculture to thrive amidst scarcity with Tom Rooney

Join us for a conversation with Tom Rooney, the founder of Waterfind and one of the key players in shaping Australia’s modern water trading system. Tom shares how a small citrus block and a university fee turned into a lifelong career navigating the rules, reforms, and realities of water rights. From early brokerage days to building a national water exchange, he’s seen firsthand how much water has changed in value, in complexity, and in how it’s managed. Tom opens up about the early challenges, the rapid rise in water values, and why proper water planning is no longer optional but essential. We break down the layers of Australian water policies, market structures, and why water behaves nothing like land. Tom explains why Australia’s system is so unique (and often misunderstood), what growers need to know to avoid costly mistakes, and how to stay ahead in a landscape of buybacks, allocations, and climate pressure. Disclaimer The information provided in this podcast is general in nature and does not in any way constitute financial, investment, accounting, tax, or legal advice. You should always consult with relevantly qualified and licensed professionals for advice tailored to your specific situation and requirements. The opinions expressed are our own and do not reflect those of our sponsors or any third parties.

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