A new fact sheet is available which provides more information on how changing water use and climate in the southern Murray-Darling Basin are increasing competition for water across Victoria, New South Wales and South Australia.

This is part of the Victorian Government’s commitment under Water for Victoria to improve public water market information to help water users make informed decisions in managing their water and increase water market transparency.

Victoria’s water sharing arrangements protect existing rights to water and support water users to manage their water needs in a fair and efficient way. Tools like trade and carryover provide water entitlement holders with the ability to make their own decisions as to how to manage their water needs and business risk.

The Victorian Government is also working with regional agencies to further strengthen our water sharing arrangements and to make sure our communities have the right tools and information to manage their water needs.  This includes:

  • Ensuring trading rules adequately manage the impacts of water movement on other entitlement holders and environmental values;
  • Strengthening and modernising our approach to managing compliance and enforcement; and
  • Providing water users with clear, accurate information to enable them to do their due diligence when making investment decisions.