The Federal Government has released the Australian Water Supplier Compact, which will aim to encourage the country’s water suppliers and urban utilities to meet the needs of Australia’s urban water supply.


"This will be an opportunity for the water supply industry to work with utilities to meet the changing needs of Australia's urban water supply,” Minister for Industry and Innovation Greg Combet said.


"The Water Supplier Compact demonstrates that Australian urban water utilities and suppliers are committed to tackling barriers to innovation, investment and trade, and to increasing suppliers' access to business opportunities within the sector.”


Mr Combet also announced a $700,000 grant to increase opportunities for local water companies to win contracts in the United States.


The funding is part of the Supplier Access to Major Projects (SAMP) program and is being delivered through the Industry Capability Network (ICN).