Additional information is now available on the Copy of Record for water shares in the Murray, Goulburn and Campaspe water systems. More information is available in the document below.
Download PDF Updated information on water share Copy of Record - June 2012 (PDF - 707 Kb)
The Minister for Water has approved changes to the trading rules to suspend some allocation trade in order to protect next season's allocations to Victorian water entitlement holders.
The temporary suspension applies to trade of water allocation -
The suspension is the same as for last year. It applies to applications received after close of business on 19 March 2012, and will be in place until 30 June 2012. Further details are available in the attached explanatory note and media release.
Download PDF Temporary trade suspensions - explanatory note (PDF - 112 Kb)
Download PDF Victoria suspends some water allocation trade (PDF - 51 Kb)
An update on the progress of the Carryover Review Committee is available below.
Download PDF Carryover Review Committee - Chair's Message May 2012 (PDF - 1608 Kb)
More information on the review is available here.
From 1 June 2012 additional information will be included on the Copy of Record for Murray, Goulburn and Campaspe water shares to provide better information for buyers on the potential impacts of carryover recorded against a water share. Updated information is now available here
A fact sheet about transferring water with land is now available here.
Download PDF Transferring water entitlements fact sheet (PDF - 398 Kb)
Victorian Water Register fees for some applications will increase on Sunday 1 July 2012. For more information click here.
The Minister for Water has announced that carryover rules will remain the same for the coming 2012-13 season.
Download PDF No change to carryover rules for 2012-13 (PDF - 48 Kb)
A review of carryover provisions is continuing, but any changes out of this process will not come into place until 1 July 2013.
A review of how spillable water account provisions are working on the Murray, Goulburn and Campaspe systems is being carried out. More information is available in the document below.
Download PDF Carryover review in 2012 (PDF - 39 Kb)
A report on water trade in Victoria in 2010/11 is now available here
The Minister for Water has approved changes to the trading rules to allow additional exemptions to the 4% limit for certain Commonwealth purchases. The new exemptions are available to -
These exemptions have been made as part of the Victorian Food Bowl Modernisation Agreement announced on 18 October 2011. They will allow many sellers with Commonwealth contracts to finalise their arrangements. The Trading Rules have been updated and are available here.
A correction has been made to the calculation of back-trade opportunities to recognise that the traded-out volume carried over from last year may spill. To see the affected back-trade opportunities report click here.
The ballot process for applications affecting the 4% limit on trade out of irrigation areas was completed on 19 August 2011. The current status of the limit can be found here
A report showing the volume of water allocated or carried over in each of the regulated systems that is currently available for use or trade can now be accessed here.
Allocation bank account statements for 2010-11 are being mailed to Victorian entitlement holders in early August. For more information click here.
DSE is upgrading the security of this website. Registered users have been notified individually that their password will be reset on 19 August 2011. A new password will be sent to each registered email address on that day.
Information for buyers of a water share on the potential impacts of carryover recorded against a water share is now available here.
A ballot process is underway to ensure equitable management of applications that affect the 4% limit on trade out of irrigation areas. The current status of the limit can be found here.
The format of the Copy of Record for water shares and other entitlements recorded in the Victorian Water Register has been updated to show the address of each holder of the entitlement. This reflects a recent amendment to the Water Act 1989 so that addresses are no longer classified as information that must not be publicly available from the water register. To see a sample Copy of Record for a water share click here.
Information is being advertised in rural newspapers updating northern Victorian irrigators on preparing for the 2011-12 irrigation season. The advertisement can be viewed below
The Trading Rules for Declared Systems were amended on 11 April 2011 to temporarily suspend allocation trade from the Goulburn, Campaspe and Loddon systems to the Victorian River Murray system, or to interstate.
The amendment mistakenly treated the Lower Broken Creek (zone 6B) as part of the Goulburn when it should have been treated as part of the Murray. An explanation of this is given below.
This has now been corrected by a further amendment to the Trading Rules (gazetted on 3 May 2011) to include zone 6B in the suspension of trades from the Goulburn, Campaspe and Loddon systems.
This further amendment has immediate effect.
Background
In making the 11 April 2011 amendment, the Lower Broken Creek (zone 6B) was classified as part of the Goulburn. This was because the water shares there are largely supplied from the Goulburn system (via the East Goulburn Main Channel), and normally the zone has similar trading openings to the Lower Goulburn.
However, this classification was incorrect. The water shares in zone 6B are actually Murray system water shares. The water shares receive Murray allocation, with top-up water coming from the Murray system when Goulburn allocations are lower. Their carryover is deemed to be held in Murray storages, and so is relatively safe from spill in the coming season.
Trade from the Goulburn, Campaspe and Loddon systems to zone 6B would create the same issues as trade to the other Murray trading zones (zones 6 and 7). The water owed to the Murray from Eildon to support this trade is more likely to spill, with adverse consequences on future Murray allocations. Hence the suspension has been extended to cover trades from the Goulburn, Campaspe and Loddon systems to zone 6B.
Note that, as a result of classifying zone 6B as 'Murray', trade from zone 6B to the Murray and to interstate is no longer suspended.