The next Goulburn-to-Murray trade opening is scheduled for Wednesday 15 October 2025. Based on current estimates, approximately 31 gigalitres (GL) of Goulburn-to- Murray trade opportunity will be released.

The estimated 31 GL of trade opportunity is an indicative volume based on the best available data to date.

Find out more about how the Goulburn-to-Murray trade opportunity is calculated.

• Applications for the Goulburn-to-Murray trade opportunity should be submitted during the submission window, between 7 am and 2 pm on Wednesday 15 October 2025.
• Water market participants are encouraged to lodge applications throughout the submission window, through My Water or the Broker Portal. An application submitted at the start of the window has the same chance of success as one submitted at the end.
• After the submission window closes, DEECA will undertake a randomisation process to determine a processing order of the applications, in the presence of an Australian Competition and Consumer Commission (ACCC) independent observer.
• Manual processing, in the order determined by the randomisation process, will commence on Thursday 16 October 2025.
• The My Water and Broker Portal will be briefly offline once manual processing is complete (approximately half an hour) and normal Register operations will then resume. The timing of this outage, once known, will be announced on the Victorian Water Register news.

Please note the following important application eligibility criteria:

• For any one seller ABA, the total volume submitted (whether singly or via multiple trade applications) for consideration into the randomisation process cannot exceed the volume of tradable allocation available in that ABA at the start of the submission window (7 am, 15 October 2025).
• If an increase in seasonal allocation is announced on 15 October after 7am, this will not increase the total volume eligible for inclusion in the randomisation pool for this trade opening.
• As previously reminded, applications to ‘trade remaining balance’ will be deemed ineligible for the randomisation pool.

For further details about the Goulburn-to-Murray trade opening process, check out this handy guide.

For any further information or assistance with the above, reach out to the Victorian Water Register team on waterregister.support@deeca.vic.gov.au.