Processing times for allocation trades
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This report shows the percentage of allocation trades processed within the indicated time frame. Intended service standards are set by Council of Australian Government requirements.
| Allocation Trade Processing Times from 01/07/2009 to 31/10/2009 | Number of trades | Performance
against standard | Intended
service standard | | |
| Inter-State trade - % of trades processed within 10 business days | 342 | 70% | 90% |
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| Intra-State trade - % of trades processed within 5 business days | 1618 | 96% | 90% |
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Note: This Report:
Includes the time taken to approve or refuse applications which were finalised during the period indicated.
Includes business days only.
Counts an application finalised on the same day it is created in the register as being finalised in one day.
Approval of interstate allocation trades in recent months has been slowed by:
The complexity associated with the NSW environmental embargo (since removed); and
A large number of trade applications required a new signature and were returned to the applicant during the approval process.
Processing times for entitlement trades
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This report shows the percentage of water share transfers processed by the water corporation and registered by the Registrar within the indicated time frames.
| Entitlement Trade Processing Times from 01/07/2009 to 31/10/2009 | Number of trades | Performance
against standard | Intended
service standard | | |
| Approval Process - % of trades approved within 20 business days | 1743 | 95% | 90% |
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| Registration Process - % of trades registered within 10 business days | 1276 | 100% | 90% |
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Note: This Report:
Includes in the approval process the time taken to approve or refuse applications which were finalised during the period indicated.
Includes in the registration process the time taken to record or reject applications with were finalised during the period indicated.
Includes business days only.
Counts an application finalised on the same day it is created in the register as being finalised in one day.
Does not include the time between receiving an application and entering it into the water register. Normally data entry occurs on the same or next day, however for some applications, that time is lengthened considerably due to the ballot process that is in place at the start of the season to manage access to space within the 4% and 10% limits. Hence the above data should be read with caution.