• Buy more water with 0% buyers commission on surface water!

  • Zone 1, 2 & 3 Lower Murrumbidgee Groundwater WANTED - Temporary & Permanent
        

  • Permanent Murrumbidgee High Security WANTED @ $5,100/ML

  • Permanent Lower Murray Groundwater Entitlement WANTED - call for offers
     

  • Permanent Murrumbidgee General Security Entitlement WANTED - very keen buyers!

Foreign Ownership of Water Entitlements – do you need to register?

     New Commonwealth Government initiative:

Foreign Ownership of Water Entitlements – do you need to register?

From 1 July 2017, the Australian Government is introducing a new water entitlements register to increase transparency around foreign investment in Australia. Foreign persons with registrable water entitlements or contractual water rights may need to notify the Australian Taxation Office (ATO).  A stocktake period will take place between 1 July 2017 and 30 November 2017. Following the stocktake period, a foreign person must notify us of certain events regarding their interests every year. This information will be used to create a register of foreign ownership of water entitlements.

A new registration form is available at www.ato.gov.au/waterregister for foreign persons to register their water holdings. This website also contains information on a series of Water register webinars being promoted by the ATO.

For more information, please visit www.ato.gov.au/waterregister or contact 1800 050 377.


MURRUMBIDGEE HIGH SECURITY ENTITLEMENTS WANTED!

Wilks Water has a buyer offering $3,900/ML for decent size parcels of Murrumbidgee High Security entitlements. Allocation must be included.

This buyer will pay more for a large parcel.

Please contact the Wilks Water office on 02 6931 8522 if you are thinking of selling.


15TH SEPTEMBER 2017 - ALLOCATION ANNOUNCEMENT

Murrumbidgee Valley Water allocation update

The Murrumbidgee general security allocation has been increased by 4 per cent to 33 per cent of entitlement. This means, with carryover, overall general security water availability is 60 per cent in the valley. Intermittent rain in the upper catchment has continued in the past fortnight ensuring that storage levels continue to rise, with downstream tributaries below Wagga Wagga contributing inflows to the main river.

With general security allocation plus carryover now reaching 60 per cent, there is a requirement under the water sharing plan to begin to allocate 50,000 megalitres to the environmental water account (EWA1) and 25,000 megalitres to the provisional storage volume account (PSV1). This is required before general security allocations rise further.

Storage levels (as at 14 September)

  • Blowering Dam is 82 per cent full – falling – holding 1,350,000 megalitres (ML).

  • Burrinjuck Dam is 60 per cent full – steady – holding 619,000 ML.

Climatic outlook

The Bureau of Meteorology seasonal outlook indicates that generally average rainfall conditions are likely in the valley from October to December, with some areas likely to experience below average rainfall in November. Above average temperatures are also likely during the three months.

Both of Australia's major climate drivers at this time of year, the El Niño–Southern Oscillation (ENSO) and the Indian Ocean Dipole (IOD), remain neutral, so there is no strong driver pushing our climate towards widespread significantly wetter or drier conditions.

Trade

All Murrumbidgee Valley trade is open. Water users are encouraged to monitor the WaterNSW website at - http://www.waternsw.com.au/customer-service/trading/murrumbidgee - for information about the Murrumbidgee IVT account balance and closure triggers.

Next announcements
The next allocation update for the Murrumbidgee Valley will be on Tuesday 3 October 2017. 

NSW Murray and Lower Darling Water allocation update

NSW Murray general security allocation has increased by 8 per cent to 28 per cent of entitlement, with a commensurate increase in allocation to conveyance entitlements. This means that with carryover, overall general security water availability is 69 per cent of entitlement in the valley.

Water users are reminded that repayment of the borrowed Barmah-Millewa environmental water allowance, some 173,000 megalitres (ML), will commence when general security allocations reach 30 per cent of entitlement.

The improvement is largely due to rainfall in the last two weeks and on-going better than expected tributary recessions from flow peaks earlier in August.

Upper Murray storage levels (as at 14 September 2017)

  • Dartmouth Dam is 83 per cent full – rising – holding 3,194,000 megalitres (ML).

  • Hume Dam is 90 per cent full – rising – holding 2,720,000 ML.

Climatic outlook

The Bureau of Meteorology seasonal outlook indicates that generally average rainfall conditions are likely in the valley from October to December, with some areas likely to experience below average rainfall in November. Above average temperatures are also likely during the three months.

Both of Australia's major climate drivers at this time of year, the El Niño–Southern Oscillation (ENSO) and the Indian Ocean Dipole (IOD), remain neutral, so there is no strong driver pushing our climate towards widespread significantly wetter or drier conditions.

Trade
In the Murray, trade across the Barmah choke remains restricted to ‘no net trade downstream’.

Downstream trade opens automatically to the extent of the volume of any upstream trade.

The trade restriction helps to protect existing downstream entitlement holders from an increased risk of delivery shortfall caused by the limited physical capacity of the Barmah choke.

Water users are encouraged to monitor the MDBA website at - http://www.mdba.gov.au/managing- water/water-markets-trade/interstate-water-trade/barmah-choke-trade-balance - for information about the trade balance and status of trade.

Lower Darling water source trade is open, including inter-valley trade.

All Murrumbidgee Valley trade is also open. Water users are encouraged to monitor the WaterNSW website at - http://www.waternsw.com.au/customer-service/trading/murrumbidgee - for information about the Murrumbidgee IVT account balance and closure triggers.

Next announcement
The next allocation update for the NSW Murray and Lower Darling valleys will be on Tuesday 3 October 2017.




1st SEPTEMBER 2017 - ALLOCATION ANNOUNCEMENT

Murrumbidgee Valley

Water allocation update

Murrumbidgee general security allocation has increased by 6 per cent to 29 per cent of entitlement for the 2017/18 water year. The rainfall in mid-August was the main contributor to this increase in water allocations. However, flows into the main storages are still well below the long term average for this time of year.

This assessment is based on finalised average carryover figures, some 27 per cent of entitlement, meaning that overall general security water availability is 56 per cent of entitlement.

Storage levels (as at 30 August)

  • Blowering Dam is 83 per cent full – falling – holding 1,354,000 megalitres (ML).

  • Burrinjuck Dam is 58 per cent full – steady – holding 600,000 ML.

Climatic outlook

The Bureau of Meteorology seasonal outlook indicates that generally average rainfall conditions are likely in the valley from September to November. The eastern portion of the valley is also likely to experience above average temperatures from September to November.

Both of Australia's major climate drivers at this time of year, the El Niño–Southern Oscillation (ENSO) and the Indian Ocean Dipole (IOD), continue to remain neutral. More localised influences are likely to be affecting this outlook, such as sea surface temperatures around the Australian coastline, as well as high pressures to the south of the continent which are encouraging more easterly flow across Australia.

Trade

Trade into (and within) the Murrumbidgee Valley is open, and trade out of the Murrumbidgee Valley opened on Friday, 28 July 2017. Water users are encouraged to monitor the WaterNSW website at - http://www.waternsw.com.au/customer-service/trading/murrumbidgee - for information about the Murrumbidgee IVT account balance and closure triggers.

Next announcements

The next allocation update for the Murrumbidgee Valley will be on Friday 15 September 2017, and will contain an updated probability analysis showing likely improvement in water availability under different inflow scenarios, including the rocket diagram. 

NSW Murray and Lower Darling 

Water allocation update

NSW Murray general security allocation has increased by 7 per cent to 20 per cent of entitlement, with a commensurate increase in allocation to conveyance entitlements. This improvement is largely due to significant rainfall in the last two weeks.

Upper Murray storage levels (as at 31 August 2017)

  • Dartmouth Dam is 82 per cent full – steady – holding 3,157,000 megalitres (ML).

  • Hume Dam is 89 per cent full – rising – holding 2,671,000 ML.

Climatic outlook

The Bureau of Meteorology seasonal outlook indicates that generally average rainfall conditions are likely in the valley from September to November. The eastern portion of the valley is also likely to experience above average temperatures from September to November.

Both of Australia's major climate drivers at this time of year, the El Niño–Southern Oscillation (ENSO) and the Indian Ocean Dipole (IOD), continue to remain neutral. More localised influences are likely to be affecting this outlook, such as sea surface temperatures around the Australian coastline, as well as higher pressures to the south of the continent which are encouraging more easterly flow across Australia.

Trade
In the Murray, trade across the Barmah choke remains restricted to ‘no net trade downstream’.

Downstream trade opens automatically to the extent of the volume of any upstream trade.

The trade restriction protects existing downstream entitlement holders from an increased risk of delivery shortfall caused by the limited physical capacity of the Barmah choke.

Water users are encouraged to monitor the MDBA website at - http://www.mdba.gov.au/managing- water/water-markets-trade/interstate-water-trade/barmah-choke-trade-balance - for information about the trade balance and status of trade.

Lower Darling water source trade is open, including inter-valley trade.

All Murrumbidgee Valley trade is also open. Water users are encouraged to monitor the WaterNSW website at - http://www.waternsw.com.au/customer-service/trading/murrumbidgee - for information about the Murrumbidgee IVT account balance and closure triggers.

Next announcements

The next allocation update for the NSW Murray and Lower Darling valleys will be on Friday 15 September 2017, and will contain an updated probability analysis showing likely improvement in water availability under different inflow scenarios, including the rocket diagram.