Important information – Goulburn to Murray trade opportunity for 16 December 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 again on Monday 16 December 2024. Estimated volumes will be made public closer to this date.

The randomisation approach implemented for the rescheduled October opening will be used again in December.

• Applications for the Goulburn to Murray trade opportunity should be submitted during the submission window, between 7 am and 12 pm Monday 16 December 2024.
• During the submission window, water market participants should submit trade applications through My Water or the Broker Portal, and all trade applications during this period will be referred for manual processing.
• All Goulburn to Murray trade applications will continue to be referred to manual processing until the system returns to normal business on 17 December 2024.
• After the submission window closes, DEECA will undertake a randomisation process to determine a processing order, in the presence of an ACCC independent observer.
• Manual processing, in the order determined by the randomisation process, will occur on Tuesday 17 December 2024.
• Once manual processing of trade applications is complete, My Water and the Broker Portal will be offline for 30 minutes, before the system is re-opened for normal business.

Customers are encouraged to lodge trade applications throughout the 5-hour submission window. Market participants are not required to submit trade applications as soon as the submission window opens. A customer who submits a trade application at the start of the 5-hour submission window will have the same chance at having their application succeed as a customer who submits at the end of the window.

To better understand this process and what it means for you, please review the attached Application Processing Procedure and Frequently Asked Questions that have been updated for December.

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

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

PDF: Goulburn to Murray Trade Opening – New Process and Frequently Asked Questions (December) v.1.0 (358 kb)

PDF: Goulburn to Murray Trade Opportunity Trade Application Procedure (109 kb)