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Victoria maintains a 4% limit on permanent water trade each year out of irrigation districts in northern Victoria, in compliance with the National Water Initiative.
The Government recently announced some exemptions to the limit to better align the Commonwealth’s environmental water buybacks with the $2 billion investment in the Northern Victorian Irrigation Renewal Project to modernise Victoria’s irrigation system . Exemptions are being granted to eligible applications to transfer water shares that have been submitted to the ballot, without requiring any additional application.
Information update - 1 July 2009
A large number of applications for 2009-10 have been received, and these have gone into a ballot to set the processing order. Processing is not expected to be complete for some weeks. If you have an application in the ballot, please be patient and do not contact your water authority about progress until at least mid-August.
Information on the status of the 4% limit is currently not available, but will become available when processing of ballot applications is more advanced.
This report is temporarily unavailable.
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