MI embraces change
Around 40 Murrumbidgee Irrigation (MI) shareholders attended MI’s twenty second Annual General Meeting (AGM) at the Bagtown in Griffith on Monday afternoon.
MI Chair Nayce Dalton told shareholders that the past year has been one of change at MI.
“You can’t expect to improve or meet new challenges if you keep doing exactly the same thing,” he said.
“Whether it’s been delivering supplementary water, meeting with customers under COIVD conditions or managing weeds – we’re doing things differently at MI in order to meet our customers’ needs.”
“Our whole of business focus on making every drop count is an example of this, which produced fantastic results last year. This focus and coordinated efforts across the business resulted in last years’ enhancement of 19,000 megalitres that certainly wasn’t budgeted for in such a low allocation year.”
When addressing shareholders MI Managing Director, Brett Jones, highlighted the Company’s ability to step up and quickly adapt to COVID.
“Nominated by the NSW Government as an essential service, we adapted to ensure neither safety nor water delivery were compromised,” he said.
“We did so, without for a moment losing focus on our core function of delivering water. The positive that I will take away from this period is just how adaptable our business and our people can be.
“The challenges we have successfully navigated over the last few months have actually made us an even stronger organisation, leaving us well positioned to support our customers in the MIA to grow the crops Australia depends on.”
Mr Jones said MI’s focus is on delivering value to shareholders through efficiencies, sound financial management and prudent investment decisions about the network.
“Every bit of conveyance water or dollar in expenditure saved represents a direct gain for our customers, by increasing the amount of productive water available and lowering the cost of service delivery,” he said.
Just as irrigators are continually being asked to do more with less, so must MI offer high levels of service at the most reasonable price possible.”
Mr Jones said the next challenge for MI is around completing full system automation.
“This means fine tuning our information and data and driving innovation for continuous improvement so that we can keep delivering water in the best way possible to support the productivity of this region,” he said.
“We are very grateful for the support of our customers and shareholders and we ask you to keep working with us to complete and bed down what have been incredibly exciting advancements for our region’s irrigation capacity.”
Some of the highlights of 2019/20 included:
- Delivery Entitlement (DE) price reduced to $9.38- the third year in a row of decreasing the price of DE’s
- Over 100 farm outlets and 7 regulators were modernised
- 2,500 farm engagement visits