The Great Artesian Basin (GAB) contains one of the largest reserves of fresh water in the world. The volume in storage is enormous, being estimated at nearly 65 000 million megalitres (ML). Development of this resource, dominantly for the pastoral industry, began in the late-1800s and quickly accelerated. With exploitation of the resource, artesian pressures declined almost as rapidly. This loss of head is a result of the total discharge from the basin and much of this discharge is waste of water. The waste through uncontrolled bores and inefficient distribution systems still amounts to about 75 per cent of all discharge. However, the volume in storage has hardly been depleted. The major concern is the effect of withdrawal on artesian pressures. Due to the size of the Basin, the relatively flat gradients and low permeability, the movement of water through the aquifers is extremely slow and independent of recharge. Hence, the normal concepts of sustainable yield (ie discharge should equal recharge) cannot be applied to the Basin as a whole as travel times do not allow for the effect of recharge to be seen away from the outcrop areas within management timeframes. The large volume in storage, though, can provide an extensive buffer to the impacts of temporary water needs. This effect should be considered when assessing the acceptability of fixed life projects such as mines and the extracted volumes from their operations. Identifying a sustainable yield involves balancing the acceptability of the economic, environmental and social costs with the associated discharge and fall in head, to arrive at an acceptable balance.