The December Goulburn to Murray trade opportunity is now completed. This was the third and final opening for the 2023–24 water year.
Goulburn to Murray trade opportunity opened on Friday 15 December 2023 at 12:00 PM–12:30 PM with an opening limit of about 12.2 GL, and applications were manually processed from 1:00 PM until 6:00 PM. 48 trade applications with a total of 61.3 GL were submitted by 12:30 PM on 15 December.
As part of Victoria’s ongoing commitment to water market transparency, new information about the outcomes of the Goulburn to Murray trade opportunity openings is now public through the post-trade opening report linked below.
Read more: Release of post-trade opening report – Goulburn to Murray December 2023
The next release of seasonal trade opportunity from the Goulburn to the Murray system is Midday 12.00 pm on Friday 15 December 2023. Based on current estimates, approximately 12 GL of Goulburn to Murray trade opportunity will be released.
Read more: Important information – Goulburn to Murray trade opportunity volume for 15 December 2023
The Victorian Water Register MyWater and Broker portal will be offline on Friday 15 December 2023 between 12:30 pm and 6:00 pm.
The next release of trade opportunity from the Goulburn to the Murray system is Midday 12.00 pm on Friday, 15 December 2023. Estimated volumes will be made public closer to this date.
This is the third and final Goulburn to Murray trade openings for the 2023–24 water year. Go here for more information on the Goulburn to Murray trade rule.
For the 15 December 2023 opening, trade applications will continue to be manually processed by each relevant water corporation to manage demand allocation. Automatic processing will not take place. The once-off procedure that applied to Goulburn to Murray trade opportunity applications for the 9 November 2023 reopening will not be used.
Read more: Important information – Goulburn to Murray trade opportunity for 15 December 2023
Victoria’s new ‘place of take approvals’ framework came into effect today, bringing more certainty and flexibility for water users in declared Broken, Bullarook, Campaspe, Goulburn, Loddon, Murray, Ovens, Thomson-Macalister and Werribee systems.
These changes have been introduced in response to increasing delivery risks in the Murray River system downstream of Barmah, where the ‘Barmah Choke’ or ‘narrows’ is reducing in capacity and changing demands for water are making it harder for river operators to deliver water where and when people need it. The new framework ensures clear arrangements are in place for managing delivery risks for all declared systems should they occur in the future.
Read more: New ‘place of take approvals’ framework commences
The October Goulburn to Murray trade opportunity is now completed. This follows the reopening of the trade opportunity on 9 November 2023. Of the total 90 gigalitres (GL) available in the October Goulburn to Murray trade opportunity, 17 GL was approved on 16 October 2023 and 73 GL was approved on 9 November 2023.
As part of Victoria’s ongoing commitment to water market transparency, new information about the outcomes of the Goulburn to Murray trade opportunity openings is being made public through a new post-trade opening report.
Read more: Release of post-trade opening report – Goulburn to Murray October opening
What’s happening and when?
There is a planned outage to both the water register and the supporting website www.waterregister.vic.gov.auto make changes to support the commencement of the Place of take approvals frameworks on 20 November 2023.
Read more: Planned Outage to Victorian Water Register and Website 17 - 19 November 2023
The October Goulburn to the Murray trade opportunity is scheduled to recommence at 12:00 PM (midday) on Thursday 9 November 2023.
Following the system error of 16 October, it has been decided that an altered procedure will take place for the re-opening of the trade opportunity on 9 November.
Read more: Important information – Changes to Goulburn to Murray trade opening on 9 November 2023
The Victorian Water Register MyWater and Broker portal will be offline on Thursday 9 November 2023 between 12:30 pm and 6:00 pm.
The next release of trade opportunity from the Goulburn to the Murray system is 12:00 PM (midday) on Thursday 9 November 2023.
This follows the postponement of the planned 16 October trade opportunity opening due to performance issues experienced in the Victorian Water Register.
It is estimated that approximately 70 GL of Goulburn to Murray trade opportunity will become available at this time. The total trade opportunity that will be made available this year is greater than the trade opportunity at the same time last year due to above average water use in Torrumbarry Irrigation Area during spring, and spills this year from Lake Eildon.
Read more: Important information – Goulburn to Murray trade opening rescheduled to 9 November 2023
The Goulburn to Murray seasonal trade opportunity opening that was scheduled for 16 October 2023 is postponed. Please click here for more information.
DEECA is completing an investigation into the performance issues that could affect the submission of trades and how the register queues and processes these trades.
We will provide a further update on this seasonal trade opportunity to water market participants by Thursday 19 October 2023.
Due to a system error, some Goulburn to Murray trade opportunity became available for a short time. Impacted customers are being notified and we are seeking to address the errors.
Read more: Important information – Goulburn to Murray trade opening system error
The Goulburn to Murray seasonal trade opportunity opening that was scheduled for 16 October 2023 is postponed.
We will have an update for you by Thursday 19 October 2023.
Read more: Important information – Postponement of 16 October 2023 Goulburn to Murray trade opening
The next release of seasonal trade opportunity from the Goulburn to the Murray system is Midday 12.00 pm on Monday 16 October 2023, based on current estimates approximately 70 GL of Goulburn to Murray trade opportunity will be released. However, this opportunity may be higher if the Resource Manager announces further spills have occurred before 16 October.
Read more: Important information – Goulburn to Murray trade opportunity volume for 16 October 2023
The Victorian Water Register MyWater and Broker portal will be offline on Monday 16 October 2023 between 12:30 pm and 6:00 pm.
This planned outage is required for manual processing of trade applications for the Goulburn to Murray trade opportunity opening.
Outside of this timeframe (12:30 pm to 6:00 pm), the Victorian Water Register's MyWater and Broker portal will be online.
The next release of seasonal trade opportunity from the Goulburn to the Murray system is Midday 12.00 pm on Monday, 16 October 2023. Estimated volumes will be made public closer to 16 October 2023.
This follows the previous Goulburn to Murray 4 July trade opening and is the second of three Goulburn to Murray trade openings for the 2023–24 water year. Go here for more information on the Goulburn to Murray trade rule.
For the 16 October 2023 opening, trade applications will continue to be manually processed by each relevant water corporation to manage demand allocation. Automatic processing will not take place.
Read more: Important information – Goulburn to Murray trade opportunity for 16 October 2023
The Victorian Government is dedicated to providing transparency for water market participants and actively overseeing water market operations to ensure ongoing effectiveness.
The yearly audit of allocation trades submitted by water brokers via the Victorian Water Register's online Broker Portal and API plays a vital role in acknowledging water brokers who adhere to government standards and auditing criteria.
Read more: Release of latest Victorian Water Brokers audit report
This is a reminder that this year the Victorian Water Register will close at midday (12.00 pm AEST) on 30 June 2023 for the end-of-year accounting that enables the roll-over from the 2022–23 to the 2023–24 water year. The register will reopen just 12 hours later, from midnight (12.00 am AEST) on 1 July 2023.
Read more: Reminder: Closing dates for end of 2022–23 financial year
The Goulburn to Murray trade review Scientific Advisory Panel (the Panel) has completed the 2021-22 annual report describing the environmental outcomes from the first year of a three-year environmental monitoring program. The monitoring program is designed to assess the environmental performance of the new long-term Operating Rules for the Lower Goulburn River, to determine whether the rules are working as expected to prevent the kinds of environmental damage seen in previous years due to sustained high flows over summer and autumn.
The 2021-22 results provide some early indications of positive environmental response in the absence of sustained high flows on the river in each of the core themes described below:
Please see news article Important information for end of 2022-23 financial year and trade opening times for July 2023 for previous information around end of year and start of year trade information.
If you require further information about any of the below information, reach out to the Victorian Water Register team via waterregister.support@delwp.vic.gov.au.
There is now updated information regarding the Goulburn to Murray trade limit (Tuesday 4 July 2023)
Opening allocation trade opportunities under different trade limits are listed below. If you are concerned about any of the below information, reach out to the Victorian Water Register team on waterregister.support@delwp.vic.gov.au.