These pressures require the water industry to develop innovative and more efficient processes to optimise resource recovery from wastewater, according to a new report by the Academy of Technology and Engineering (ATSE). The report notes that Australian wastewater contains nutrients, carbon, energy and other inorganic and organic resources worthy of recovery and examines the potential industry opportunities for resource recovery in Australia. It reviews international case studies, considers the Australian regulatory framework and evaluates the key technologies and products, as well as analysing several investment options. The report shows that there are several significant value-creating opportunities to pursue for investors in Australia in the medium term. Wastewater – An Untapped Resource? was prepared by ATSE with funding from the Australian Water Recycling Centre of Excellence. The report was developed by a working group led by Dr John Burgess FTSE, a chemical engineer who has more than 20 years’ experience as a senior executive and research leader. It included Professor Damien Batstone, Deputy Director of the Advanced Water Management Centre at the University of Queensland, Dr Tim Muster, a Senior Research Scientist from CSIRO Land and Water, and Mr Francis Pamminger, Manager of Research and Innovation at Yarra Valley Water.