The project is jointly funded by the Australian Government ($600 million) and the Queensland Government contributing the balance. Australian Government funding is provided through the National Water Grid Fund.
The existing Paradise Dam wall, which will be replaced by a new dam wall, 70 metres downstream. Image credit: Sunwater
Project overview
This project was expected to restore Paradise Dam to its full 300 gigalitre capacity by re-raising, strengthening and stabilising the existing dam wall. Once completed the project was expected to provide a reliable and secure water supply to support local agricultural, industrial and urban demand.
On 11 January 2024, the Queensland Government announced the Paradise Dam wall would require a complete rebuild 70 m downstream. This is because repairing the existing dam wall is not feasible.
In the 2024-25 Budget, the Australian Government retained its funding commitment to the project, with $50 million made available to support the development of a business case for the construction of the new dam wall, as well as essential pre-construction activities.
The detailed business case is now progressing, with project costs and timeframes to be confirmed as part of this process.
Key project benefits
Learn more
- Learn more about the National Water Grid Fund as our primary program for responsible investment in water projects.
- More information on the project is available at Sunwater’s Paradise Dam Improvement Project page.