Opening allocation trade opportunities under different trade limits are listed below. Closing times are available here. 

Important opening dates for traders, brokers, and irrigators:

Monday 1 July 2024

• The MDBA Barmah Choke trade opportunity opens for submission on Monday 1 July 2024 from 8:30 am to 9 am AEST and the manual processing duration will be from 10 am until 6 pm. 

Tuesday 2 July 2024

• The Goulburn to Murray / Broken Trade Out and NSW to Vic trade opportunity opens for submission on Tuesday 2 July 2024 from 8:30 am to 9 am and the manual processing duration will be from 10 am until 6 pm.

Within each submission window, water market participants should submit all allocation trade applications through the MyWater and Broker Portals as usual. Each trade application will be queued in the order received by our online interface in the Victorian Water Register. 

After the submission window closes, MyWater and Broker Portals will go offline until 6 pm for manual processing of applications. Applicants will receive notifications on the outcomes of trade applications as they are manually processed, by 6 pm on the day submitted. The system will return to its normal operation after 6 pm.

What services will be unavailable while the Water Register is offline?

When MyWater and Broker Portal is offline from 9 am to 6 pm 1 and 2 July the following online services on the Victorian Water Register will be unavailable: 

• MyWater access and online allocation trading and bore construction licence applications

• Broker Portal

• Copy of Record purchases.

Additionally, the following reports will also be unavailable:

• Trade opportunities and limits reports (including 'Where can I trade map')

• Unused water report

• Available water by owner type.

Access to these services will be restored upon completion of the above trade periods (6 pm on 1 and 2 July). 

Information for Barmah Choke (Monday 1 July 2024)

The Murray Darling Basin Authority (MDBA) manages and monitors the Barmah Choke trade limit. The MDBA have advised that the trade opportunity from above to below the Barmah Choke will be available at 10 am AEST on Monday 1 July 2024. The opening trade balance is expected to be approximately 56 gigalitres (GL). Victorian customers will be able to submit applications from 8:30 am to 9 am on Monday 1 July 2024.  

The Department of Energy, Environment and Climate Action (DEECA) and WaterNSW have been working together to ensure equitable access to trade opportunities and a more unified experience for water users for customers from both Victoria and NSW. The two states have committed to collaborating to enhance operational efficiency and facilitate intervalley trade opportunities. For 1 July 2024, a new processing protocol has been announced and will be applied to all trade applications received for the Barmah Choke opening trade opportunity. To learn more about this alternating processing of queued applications between Victoria and NSW and what it means for Victoria, click here.

Information for Goulburn to Murray trade limit (Tuesday 2 July 2024)

The Goulburn to Murray Trade Limit—which governs allocation trade from the Goulburn, Broken, Campaspe and Loddon systems to the Victorian Murray system, New South Wales and South Australia—will open on Tuesday 2 July 2024 at 8:30 am to 9 am after allocation for the new water year is posted in Victorian accounts on 1 July 2024. This provides traders with access to their start of season allocation.

The amount of trade made available on Tuesday 2 July will be around 80 GL. 

Find out more about how Goulburn to Murray trade opportunity is calculated here. 

Information for Broken trade out limit (Tuesday 2 July 2024)

Trade from the Broken system re-opens at the start of each water year. Trade is allowed when the Broken system’s intervalley trade (IVT) account owes less than 1,500 ML to the Goulburn system. 1,500 ML of trade opportunity will be available on Tuesday 2 July 2024.

Information for the NSW to VIC trade limit (Tuesday 2 July 2024)

Trade from New South Wales into Victoria may open on Tuesday 2 July 2024, in line with the Northern Victoria Resource Manager risk of spill announcement. Allocation trade from New South Wales to Victoria is limited to the lesser of a net annual volume of 200 GL or a volume that keeps the risk of spill from Victoria’s share of Hume and Dartmouth reservoirs at below 50 per cent. 

Trade opportunities from 1–2 July 2024 summary table

For any further information or assistance with the above, reach out to the Victorian Water Register team on waterregister.support@delwp.vic.gov.au.

PDF: Frequently Asked Questions – July Trade Opening 2024 (224 KB)

PDF: Victorian Water Register MyWater and Broker Portal: Frequently Asked Questions about applying during trade openings (233kb)