You can access information about allocation trade, as recorded in the Victorian Water Register, using the menu on the left.
Allocation trade involves transferring a volume of water allocation from a seller to a buyer. Allocation trade is only permitted when the volume of unused allocation available in the seller’s allocation account is greater than or equal to the volume of the trade.
Holders of water allocation are able to make an application to their water corporation to trade it. The water corporation will approve the application if it is complete and meets local trading rules.
Permitted trades include allocation trades between trading zones within Victoria and interstate. Trading rules are assessed based on the source of the water allocation. This may be different to where the allocation is used depending on whether the allocation is tagged to a different location.
Prior to unbundling the concept of allocation did not exist, although temporary trade of entitlement is often used as a comparable measure for historic trade of allocation in declared systems in Victoria.