The Victorian Water Trading Annual Report for 2018-19 is now available.

This report summarises all water trades recorded in the Victorian Water Register for the 2018-19 year.  It presents information about the number, volume, price and location of trades for water shares, allocation, and groundwater and surface water take and use licences.

Prevailing dry conditions in northern Victoria and the continuing drought in New South Wales resulted in higher market prices for water allocation, with market prices up to three times higher than 2017-18 prices. The number of trades increased, but lower volumes of water were traded and higher market prices were recorded for both water allocation and water shares.

Read more: 2018-19 water trading report

There will be scheduled upgrades to to the Victorian Water Register happening on the morning of Thursday December 12th between 12:00 AM and 12:00 PM. 

During this time access to allocation trading will not be available either through water corporations or online

Read more: Allocation trade not available morning of 12 December 2019

New rules to restrict water use from tagged accounts will take effect on 12 December 2019, as previously announced by the Minister for Water.

Final regulatory approval for these new rules was given on 10 December and the restrictions will take effect from 12.00am on 12 December 2019.

The new rules restrict tagged use when trade limits for related allocation trade have been reached. Restrictions on tagged use only apply when allocation trade is also closed.

As the Goulburn to Murray trade limit is currently closed, this means that water users with accounts in the Goulburn that are tagged for use in the Murray will be restricted starting 12 December 2019 until the trade limit re-opens.

These changes aim to protect the health of the lower Goulburn River and provide a level playing field for all water users in northern Victoria.

More information and frequently asked questions on these changes can be found here.

Copies of the interim regulations and Ministerial Determination that have been made to implement these new rules can be found here.

The Minister for Water has today announced an interim operating regime that sets out how much traded water can be delivered from the Goulburn to the Murray system this summer.

The interim operating regime will ensure that Victoria meets the inter-valley trade volume requested by the Murray-Darling Basin Authority to fulfil downstream delivery commitments, while using targeted variable flows that minimise environmental risk.

The Minister has also confirmed that the Victorian Government is putting restrictions in place on 12 December 2019 for the use of water from tagged accounts, subject to final regulatory approval. This means that tagged account holders will no longer be able to use water from Goulburn system accounts tagged to the Murray when there are trade limits in place between the Goulburn and Murray systems. More information is available on upcoming changes to tagged trade below.

Read more: Changes to tagged trade and operational regime for the Goulburn system

A set of frequently asked questions (FAQs) have been developed regarding works licence applications that will be assessed by the Minister for Water following the announcement on 10 July of new measures to manage the impact of increasing extractions on the environment and existing entitlement holders.

Previously provided information and factsheets on these changes can be found here.

There are important temporary changes to the approval processes for all Bore Construction Licences in some areas of Victoria.

The Victorian Government is waiving the Bore Construction Licence (BCL) application fee for Domestic & Stock (D&S) bores in designated areas. These are Local Government Areas (LGA’s) that have been determined to be currently drought affected.

Applications for all bores should still be made online at waterregister.vic.gov.au, for more information open the D&S Bore Application Fee Relief document below  

A set of frequently asked questions (FAQs) has been developed for the Goulburn to Murray Trade Review.

These relate to the changes the Minister for Water announced in August 2019, which aim to protect the health of the lower Goulburn River and provide a level playing field for all water users in northern Victoria.

The FAQs will be updated over coming months as the review progresses to provide people with more information about upcoming changes.

Previously provided information and factsheets on these changes can be found here

In response to ongoing drought and dry conditions, the Victorian Government is waiving the $235 application fee for new domestic and stock (D&S) bore construction licences for landholders in eligible Local Government Areas (LGAs).

This new initiative is part of the Victorian Government’s recently announced $31 million drought support package and will help landholders secure their D&S water supply needs in areas experiencing drought and dry conditions.

Where construction of a bore will help prevent animal welfare issues by providing water for stock, the bore fee waiver can be used in conjunction with the Commonwealth On-Farm Emergency Water Infrastructure Rebate Scheme (up to $25,000).

The program is available to landholders in East Gippsland, Wellington, Campaspe, Gannawarra, Greater Shepperton, Loddon, Moira and Swan Hill Shires from 02 October 2019.

This year, we will have staff at the Elmore Field Days to specifically provide information about the My Water application and Water Market Transparency.

Read more: Elmore Field Days Oct 1st,2nd & 3rd 2019

Victorian Water Accounts 2017-18 now available

This report is the 15th in the annual series and summarises Victoria’s water availability, distribution and use for the 2017-18 year. Data in the report is provided by the Department of Environment, Land, Water and Planning, water businesses, the Essential Services Commission, the Bureau of Meteorology, and major water users

Highlights of the 2017-18 Victorian Water Accounts

This digital resource complements the written report, providing a new way to engage with water data and learn more about its management.
Explore the 2017-18 Victorian Water Accounts highlights, at https://howmuch.water.vic.gov.au

Read more: Victorian Water Accounts 2017-18 now available

The Minister for Water has announced today the Victorian Government will be taking decisive action to protect the health of the lower Goulburn River, and provide a level playing field for all water users in northern Victoria.

Read the Minister’s media release here.

Three key actions will be rolled out over the next 12 months:

  • An interim operational regime that achieves variable summer flows in the Goulburn well below recent volumes will be implemented before the high-risk period begins this summer.
  • From December all trades from the Goulburn system, including water use from tagged accounts, will be treated consistently with Victorian rules for inter-valley trade and in line with Basin Plan trading rules.
  • Public consultation will commence in January next year on long-term options to improve the current Goulburn to Murray trade rule to reflect the environmental thresholds of the lower Goulburn River and to maximise trade opportunities within these limits.

These actions have been informed by the review of Goulburn to Murray trade arrangements that DELWP is currently undertaking. The initial findings of this review have identified that the current rules are not protecting the environment of the lower Goulburn, and changes are needed.

Read more: Changes to Goulburn system trade and operational arrangements

On 10 July 2019, the Minister for Water announced that Lower Murray Water (LMW) and Goulburn Murray Water (GMW) are to refer all works licence applications for extractions from the lower Murray to her for assessment for the next 12 months.

https://www.premier.vic.gov.au/minister-takes-control-of-lower-murray-water-extraction/

This includes applications for new works licences and amendment of existing works licences and the conditions relating to extraction share, which is the measure used to determine rationing of supply during rosters or restrictions.

The Minister has stated that she will be taking consideration of the cumulative impacts of growing extractions on the environment and on existing entitlement holders.

Read more: Minister announces review for works licence applications in lower Murray

A new independent report by Aither is available which provides more information on water supply scenarios and new estimates of current and future horticulture demand with a focus on the lower Murray region.

The report shows that horticultural crop demands in the southern Basin are higher than previous estimates and will continue to grow as existing plantings mature and new developments occur in New South Wales, South Australia and Victoria. 95% of horticulture in the southern Basin is in the lower Murray region and accounts for a large proportion of total water use in that area.

This is part of the Victorian Government’s commitment under Water for Victoria to improve public water market information to help water users make informed decisions in managing their water and to increase water market transparency.

Read more: New report on water supply and horticulture demand in the Murray

Victoria has been working in partnership with New South Wales, South Australia and the Murray-Darling Basin Authority (MDBA) to improve how water trades are accounted between states, to better reflect the contemporary needs of the water market.

This work has led to three new methods to manage trade adjustments – the accounting adjustments that are made to states’ shares of water in storage in response to water users trading across state borders.

These improved methods will be trialled starting 1 July 2019 and will continue for three years. The changes better align trade adjustments with the location and the time of delivery of inter-state trade.

Read more: Trial of improved trade adjustment methods

The Victorian Water Register will open for trades at 12 noon AEST (Australian Eastern Standard Time) on Monday 1 July 2019.

Further information is provided below on certain trade limits and factors that will affect opening trade opportunities.

Read more: Trade opening information for 1 July 2019

The Victorian Water Register will be closed while we complete the end of year accounting to roll over from the 2018-19 water year to 2019-20.


On-line services will be suspended from 5pm AEST (Australian Eastern Standard Time) on Friday 28 June 2019 until 12 noon AEST on Monday 1 July 2019.

Read more: Important info for end of 2018-19 financial year

Facts sheets are now available on some of the key information in the updated Water Market Trends report, which was recently published.

These five fact sheets provide simple and accessible information on how entitlements are owned and water is being used in northern Victoria, the key factors influencing the price of water allocation on the market, how irrigators are sourcing their water, and carryover and how entitlement holders are using it.

Read more: Fact sheets on water market trends

In line with the trading rules for the Broken system, allocation trade out of the Broken system will close for this season on Sunday 31 March 2019. Trade applications received after 31 March will not be approved.

Any trades that are submitted online from the Broken to trading zones in other water systems are automatically assessed online. These trades can be submitted online up until trade closes on Sunday 31 March 2019.

The 31 March 2019 closing date does not apply to trade within the Broken system or back-trade into the Broken from other systems.

Available trade opportunities can be found here

An updated report on water market trends in northern Victoria is now available, providing important insights into the changes in how water is owned, used and traded and the factors impacting the price of water on the market.

This is an update to the previous Water Market Trends report released in February 2016. It analyses data from the Victorian Water Register on trends in the northern Victorian water market since 2001. This new report includes additional information on the changes observed since 2014-15, and on trade patterns between different water users in recent seasons.

Read more: Updated water market trends available

All services relating to the Victorian Water Register, including online trades and Bore Construction Licencing will be affected and may be unavailable on two occasions over the coming days.

 

Thursday March 7, between 07:00 pm and 12:00 midnight the whole system will be offline for essential system maintenance.

Saturday March 9, between 11:00 am and 05:00 pm the system may be affected by a Vic Maps outage.