• 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 @ $6,000/ML (wet)

  • Permanent Lower Murray Groundwater Entitlement WANTED - call for offers
     

  • Permanent Murrumbidgee General Security WANTED @ $2,150/ML (wet)

NSW Murray Temporary Trading Resumes

NSW Murray Temporary Trading Resumes

If you wish to buy or sell temp water in these dying stages of the season, this is your opportunity!

Please call our office immediately.

The following information was released from WaterNSW via social media; 

"WaterNSW administers water trading under rules set by the Department of Primary Industries Water (DPI Water).

Trade will recommence after a WaterNSW review of regulations governing trade confirmed that, unlike many previous years, the current Murray Water Sharing Plan does not prohibit trade beyond 31 May this year.

WaterNSW is working with DPI Water to make key elements of the relevant regulations more prominent and readily available to all market participants

The service improvements follow change to trade scheduling implemented by WaterNSW in March this year to enhance confidence in the trade process and in market transparency."


Wilks Water 0269 318 522 

Tom Wilks 0428 694 608

Heather Hatch 0447 473 755 


No Commission, No Reserve Price!

Temporary Surface Water – 2017 Auction Format

No Commission, No Reserve Price!

The 2016/17 water year has been a complete contrast from last season. Who could have predicted such a wet spring? The impact of this has seen temporary water prices on a steady decline throughout the year. The big wet has also resulted in a huge volume of unused allocation still in the system, which at this time of year means there is going to be an oversupply of sellers looking for a return or risk forfeiture come the end of the season.

Given the conditions, Wilks Water has altered their fee structure for the 2017 Water Auction, seeking to find a win-win structure for both sellers and buyers.

NO RESERVE PRICE for Temporary Surface Water listed at the Water Auction.

The ‘no reserve’ format will attract any buyers keen to secure water before end of season.

NO VENDORS COMMISSION* for Temporary Surface Water listed at the Water Auction.

It’s getting late in the season. Any water that cannot be carried over will be lost. This format is designed to allow for sellers to get something for their water rather than forfeit it at the end of the season. With no commission to pay something is better than nothing.

To further promote fairness for sellers of temporary surface water, a ‘volume-weighted average price’ return will be implemented. The gross proceeds of temporary surface water sold will be divided by the number of megalitres offered for sale at auction (whether sold or not). Each water source will be calculated separately.

This will also reduce the inequity between the order of lots for sale where there is a price differential between early lots and late lots sold under the hammer.

Under this system, all sellers of temporary surface water listed will receive a return. The volume-weighted average or pool price will be shared amongst all sellers*.

A payment will be returned to all sellers after the completion of the auction. If further listed water is sold post-auction, a new volume-weighted average price will be calculated and a second payment will be made.

For more information on the Wilks Water Annual Water Auction, download a Vendor Listing form or a Bidder Registration, click here to head to our Auction page

*Temporary surface water buyers will be charged an auction fee of $1.50/ML + GST
*Temporary Surface Water will be transferred to a pool account prior to the auction


ALLOCATION ANNOUNCEMENT - 1ST NOVEMBER 2016

01-Nov-2016 Allocation Announcement

NSW Murray

NSW Murray General Security

increases to 72% of entitlement

NSW Murray High Security

remains at 97% of entitlement

Murrumbidgee

Murrumbidgee General Security

increases to 76% of entitlement

Murrumbidgee High Security

remains at 95% of entitlement
Murrumbidgee General Security allocation increases by 5% to 76% of entitlement. Continuing rainfall has seen storages remain effectively full and irrigation demand is minimal. Supplementary access has been continuous since the start of the water year; however regulated water delivery conditions will return as flood waters continue to recede.

NSW Murray General Security allocation has increased by 9% to 72% of entitlement. The increase is underpinned by improvement in storage at Menindee Lakes and Dartmouth Dam. 

The next allocation announcement will be 15th November 2016.
See past and present Allocation Announcements on the NSW Office of Water website by clicking here.

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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Our contact details are:
P.O. Box 5633, Wagga Wagga, NSW 2650
Phone: 02 6931 8522 | Mobile: 0428 694 608 | Fax: 02 6931 9897 | Email: trades@wilkswater.com.au

Copyright © 2016 - Water Exchange Australia Pty Ltd trading as Wilks Water, All rights reserved.


ALLOCATION ANNOUNCEMENT - 4TH OCTOBER 2016

04-Oct-2016 Allocation Announcement

NSW Murray

NSW Murray General Security

increases to 53% of entitlement

NSW Murray High Security

remains at 97% of entitlement

Murrumbidgee

Murrumbidgee General Security

remains at 61% of entitlement

Murrumbidgee High Security

remains at 95% of entitlement
Murrumbidgee General Security allocation remains unchanged at 61% of entitlement. Average general security carryover is 19% of entitlement, meaning that overall general security water availability remains at 80%. The resource improvement in the past fortnight was required to be assigned to the Environmental Water Allowance (EWA3), in accordance with the water sharing plan, since general security allocation plus carryover has reached 80%. Future resource improvements can now accrue to general security entitlement holders. 

NSW Murray General Security allocation has increased by 11% to 53% of entitlement. Above average rainfall and wet catchment conditions continue to provide steady system inflows and storage improvements. Average general security carryover in NSW Murray water user accounts is 27% of entitlement, meaning that the general security water availability overall is 80%. 

The next allocation announcement will be 17th October 2016.
See past and present Allocation Announcements on the NSW Office of Water website byclicking here.

Extensions to Supplementary Water Event

Murrumbidgee Valley Supplementary Access Extended

Friday July 4th, 2014

 
NSW Office of Water has announced that the Supplementary Access in some parts of the Murrumbidgee have been further extended.

Refer to the media release below for revised closing dates and times, and stand-by for announcements of further extensions.

MARKET ANNOUNCEMENT

Murrumbidgee Valley, High Security Water



I have genuine buyers of permanent water willing to pay $2000/ML

WIDE RANGE OF PARCEL SIZES REQUIRED
 
Click here to view the Permanent Water section of our website.
 
 
 
For all of your water trading requirements,
Call anytime.
 

Regards,
Tom Wilks
0428 694 608

New and Improved Wilks Water Website

Welcome to new and existing users

The renewed Wilks Water website has been launched today and we are certainly excited with the sleek new look and functionality we can offer to you. Our dedicated team has worked hard to be able to present the new site to you today and we hope you find the information here helpful and easy to understand. Some of the exciting new features include:

  • direct links to our social media sites Facebook and Twitter
  • two easy to use navigation panels
  • information regarding water consultancy and market appraisals
  • quick reference information regarding current allocations and dam levels
  • scrolling news updates

It is our hope that you can utilise this website to gain an up to date understanding of the current water market and use it to help make informed decisions for your water trading portfolio.

To discuss your water trading options, please contact Tom Wilks

Phone: 02 6931 8522

Mobile: 0428 694 608

Email: tom@wilkswater.com.au