The first of the 2024–25 water year’s scheduled trade openings have completed.

The MDBA Barmah Choke trade opportunity opened for submissions on Monday 1 July 2024 at 8:30 am with a balance of 56,038.7 megalitres (ML) and was manually processed from 10 am until 6 pm. The Goulburn to Murray trade opportunity opened for submissions on Tuesday 2 July 2024 at 8:30 am with a balance of 84,861.90 ML and was manually processed from 10 am until 6 pm.

The Barmah Choke trade opening received a total of 161 trade applications for total volume of 136,528 ML. Of these applications, 87 were made to Victoria, and 74 were made to New South Wales. The new processing protocol (announced Tuesday 26 March 2024) resulted in 31 approved Victorian applications and 29 approved NSW applications.

The Goulburn to Murray trade opportunity received a total of 99 trade applications for a total volume of 235,254 ML. Of these applications, 23 were approved for a total volume of 84,835 ML.

As part of Victoria’s ongoing commitment to water market transparency, new information about the outcomes of the Barmah Choke and Goulburn to Murray trade opportunity openings are now made public through the post-trade opening report linked below.

The post-trade report summarises the findings from the July Barmah Choke and Goulburn to Murray trade openings. It provides insights into the number, volume and order of applications submitted.

The Victorian Government is dedicated to providing transparency for water market participants and actively overseeing water market operations to ensure ongoing effectiveness. This report aims to meet this goal and provide in-demand information to market participants.

 PDF: Post-Trade Opportunity Opening Report (July 2024) (1,205 kb)