Here you can find statistics on trade volumes and prices and running total against the 4% limit.
'Trade' of water shares can mean a transfer of ownership, a change of location, or both.
A transfer of ownership occurs when a water share transfer is recorded in the Victorian Water Register. A holder of a water share may apply to their local water corporation to transfer it. The water corporation will approve the application if it is complete and meets local trading rules. As per land dealings which also require registration, the application is then submitted to the Victorian Water Registrar for recording.
Transfer of ownership data provides information on market activity as each involves a buyer and a seller. The water share location may or may not change as part of the transfer of ownership.
A change of location may occur when a water share transfer or an application to vary or associate a water share is approved and recorded in the Victorian Water Register. The source of a water share never changes, however the point of use does. For instance when a water user located in the Murray system purchases a Goulburn water share, the water share source remains in the Goulburn, but it is tagged for use in the Murray (this means they still receive Goulburn allocations). In order to analyse the movement of water shares, the direction of trade must be assessed by considering the point of use rather than the source of the water share as this never changes.
Prior to unbundling the concept of water shares did not exist, although permanent trade of entitlement is often used as a comparable measure for historic water share trade in declared water systems in Victoria. Permanent trade always involved a change in the source of a water entitlement. An exchange rate system was used, whereby an entitlement trade from the Goulburn to the Murray resulted in cancellation of Goulburn entitlement and issue of a new Murray entitlement, the volume of which was determined by the relevant exchange rate.
Information for buyers of a water share - *UPDATED*
The document below provides information for water share buyers on the potential impact of carryover recorded against a water share on either:
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allocations available under that water share in the current season, or
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charges levied against that water share in the current season.
This document has been updated to reflect the new information available from 1 June 2012 on Copies of Record for water shares in the Murray, Goulburn and Campaspe water systems.
Information for buyers on carryover recorded against water shares - updated May 2012 (PDF - 272 Kb)