Allocation trade and carryover rules on the Broken are changing from 1 July this year.

The Minister for Water has approved changes to the trading rules to allow limited allocation trade out of the Broken system.

The Minister has also approved changes to Broken carryover so that water can be carried over only against high-reliability water shares, and not  low-reliability water shares.

Read more: Changes on the Broken effective 1 July

The Carryover Calculator has been updated to include the Murray system limit on the volume of water allocation you can carry over into 2014-2015. This limit applies at the end of this season on 30 June.

Click on the icon below to try the updated calculator.

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Read more: Carryover Calculator updated

Goulburn system dairy farmers Craig Lister and Don Stewart and Steve and Margot Henty on the Murray talk about how they plan and manage carryover through drought and wetter years on a series of new carryover videos now available.

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Click here to watch the new carryover videos.

New information is now available explaining how allocations are determined and why there have been no allocations to low-reliability entitlements on the Goulburn and Murray systems this season.

This information on how Victoria's water budget works is provided by the Northern Victorian Resource Manager and the Water & Natural Resources Group of the Department of Environment and Primary Industries.

pdfDownload PDF Understanding Victoria's water budget (PDF - 189 Kb)

Read more: Understanding Victoria's water budget

Victoria’s Water Register has a new streamlined website.

The website has been redesigned so it’s easier to find what you’re looking for.

User-friendly versions are also available for mobile phones and tablets to get essential water information wherever you are.

Read more: Welcome to the new website

Improvements to the Victorian Water Register have been launched to make important water transactions cheaper, easier and faster for irrigators and other water users.

pdfDownload PDF Walsh - Water trading improvements cut irrigator red tape (PDF - 45 Kb)

The changes include:

  • Online allocation trading with near instant approval, and application fees cut by nearly 50%
  • Simpler processes for customers selling land and water together, reorganising the farm within a family or looking to streamline their water services

Read more: Trading improvements cut red tape

The Victorian Annual Water Trading Report 2012/13 is now available.

Copies of reports from previous years are available here.

The document below provides information for water share buyers on the potential impact of carryover recorded against a water share on either:

  • allocations available under that water share in the current season, or
  • any above entitlement storage charges levied against that water share in the current season.

Read more: Updated information for water share buyers

Summary information on water availability for irrigators, town supplies and the environment in northern Victoria during the 2012-13 season, and how it was used, is now available in the report below.

pdfDownload PDF 2012-13 Water Entitlements allocations and use summary (PDF - 392 Kb)

Allocation account statements for 2012-13 are now being mailed to Victorian entitlement holders. For more information click here.

The Northern Victoria Resource Manager has announced that the risk of spill from Victoria's share of Hume and Dartmouth is more than 50%. Consequently net trade from NSW to Victoria is currently not permitted under trading limits, made on 21 November 2012 in order to protect third parties and the environment.

Read more: Net trade from NSW to Victoria

Some new information on water use trends in northern Victoria over the last ten years is now available here.

This includes information on tracking use against Murray-Darling Basin caps, and a map of changes in water use in Goulburn-Murray Water's irrigation districts.

A discussion paper is now available highlighting some of the trade-offs to consider in making carryover decisions. It uses some simple case studies to illustrate some of the financial costs and benefits of decisions to carry over or trade unused allocation in different scenarios.

pdfDownload PDF Understanding the trade-offs associated with carryover decisions (PDF - 307 Kb)

More information on carryover is available in questions and answers here.

A new version of the carryover calculator for 2013/14 is now available. This updated calculator includes the new cap on carryover that applies on the Goulburn and Campaspe this year and on the Murray from June 2014.

Click on the icon below to try the new calculator.

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Some videos are now available from a recent presentation to irrigators in northern Victoria on carryover and the changes from the recent review of carryover rules in the Murray, Goulburn and Campaspe systems.

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Click here to watch the carryover videos.

Key dates for year-end trade applications in northern Victoria are as follows:

Allocation trades:

Submit by 14 June to guarantee processing by 30 June. Trades submitted later will be done as soon as possible, and may be processed by 30 June.

Water share applications:

For processing in the 2012/13 season - Must be received by 14 June.

For processing in the 2013/14 season - Any application received after 14 June that affects the 4% limit will be held in date order for processing in July once the 4% limits reopen. There is no ballot this year.

Victorian Water Register fees for some applications will increase on Monday 1 July 2013. For more information click here.

Entitlement holders can now apply to relinquish allocation if they do not wish to carry over their unused water at the end of the season. For more information on how to do this see the fact sheet below.

Download PDF How to relinquish allocation (PDF-193 KB)

The limit on trade from NSW to Vic, announced on 21 Nov 2012, comes into effect today. For more information see News item below and Allocation trade opportunities and limits

The end of season cap on carryover will now not come into effect for the Murray system until 30 June 2014. This will give Murray system irrigators more time to adjust their enterprises, as at December 2012 a low-risk-of-spill declaration on the Murray has still not been made.

See the Minister for Water's full announcement below.

Download PDF Walsh - Extension to carryover cap to assist irrigators (PDF - 45 Kb)

The new cap will still come into effect for entitlement holders on the Goulburn and Campaspe on 30 June 2013 at the end of the current season.

The document below illustrates when each of the changes from the carryover review come into effect.

Download PDF When the changes from the carryover review come into effect (PDF - 59 Kb)