• FOR SALE - NSW Murray Zone 11 Temporary 1,465ML @ $360/ML        Wanted: Lease - LMGW Zone 3 (500-800ML) @ $150/ML

  • Wanted to BUY - Murrumbidgee Supplementary Permanent Up to 500ML @ $800/ML

  • Wanted to BUY - Murrumbidgee Temporary 1000ML @ $260/ML *All parcel sizes considered.*

  • WANTED - 500ML High Security LEASE (Murrumbidgee 3 Years) CALL to discuss $$$

ALLOCATION ANNOUNCEMENT - 17TH OCTOBER

17-Oct-2016 Allocation Announcement

NSW Murray

NSW Murray General Security

increases to 63% of entitlement

NSW Murray High Security

remains at 97% of entitlement

Murrumbidgee

Murrumbidgee General Security

increases to 71% of entitlement

Murrumbidgee High Security

remains at 95% of entitlement

Murrumbidgee General Security allocation has increased by 10% to 71% of entitlement. Now that general security allocation has increased beyond 70%, carryover in accounts will start to boost allocations because individual account limits, 100% entitlement in the Murrumbidgee, are being reached. In other words, those with maximum carryover (30%) cannot benefit from further allocation improvement and their forfeited water is allocated to others.

NSW Murray General Security allocation has increased by 10% to 63% of entitlement. Above average rainfall and wet catchment conditions continue to provide steady system inflows and storage improvements. Now that general security allocation has increased beyond 60%, carryover in accounts will start to boost allocations because individual account limits, 110% entitlement in the NSW Murray, are being reached. In other words, those with maximum carryover (50%) cannot benefit from further allocation improvement. This forfeiture of water from full accounts means that those with little or no carryover benefit the most from further resource improvements.

The next allocation announcement will be 1st November 2016.

See past and present Allocation Announcements on the NSW Office of Water website by clicking here.

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