Advertisement A quick look at the Productivity Commissionâs draft report on national water reform reminds me of the repeated judgment from old Mr Grace, the doddering owner of the department store in Are You Being Served? as he headed for the door: âYouâve all done very well!â Its review of the progress of the National Water Initiative signed by the federal and state governments in 2004 â encompassing agreements on the Murray-Darling Basin â is terribly polite, understated and relentlessly upbeat. Apparently, governments have made âgood progressâ in having âlargely achievedâ their reform commitments. All that remains is just the need for a teensy-weensy bit of âpolicy renewalâ.