Producers will be able to use the funds to help prepare for the change in water measuring systems.
Ironically, it will be the Liberal Party rather than the National Party that will be dealing with most of the implications.
"There have many benefits from building weirs, which help to keep water back a bit longer, the system hydrated and help rivers keep flowing for longer."
Michael McCormack has promised to be a team player after the Nationals rolled him as party leader and Deputy Prime Minister, but will take some time to consider his future.
Barnaby Joyce says three years on the backbench has made him a better person, as he reclaims leadership of the Nationals.
Australia will refer its complaint over China's imposition of anti-dumping duties on wine to the World Trade Organisation.
When China wanted to show the rest of the world it was open for business, it used Australia - now it wants to flex its economic muscles, and is once again using Australia to send its message, a former Trade Minister says.