The next release of trade opportunity from the Goulburn to the Murray system is 12:00 PM (midday) on Thursday 9 November 2023.
This follows the postponement of the planned 16 October trade opportunity opening due to performance issues experienced in the Victorian Water Register.
It is estimated that approximately 70 GL of Goulburn to Murray trade opportunity will become available at this time. The total trade opportunity that will be made available this year is greater than the trade opportunity at the same time last year due to above average water use in Torrumbarry Irrigation Area during spring, and spills this year from Lake Eildon.
Read more: Important information – Goulburn to Murray trade opening rescheduled to 9 November 2023
The Goulburn to Murray seasonal trade opportunity opening that was scheduled for 16 October 2023 is postponed. Please click here for more information.
DEECA is completing an investigation into the performance issues that could affect the submission of trades and how the register queues and processes these trades.
We will provide a further update on this seasonal trade opportunity to water market participants by Thursday 19 October 2023.
Due to a system error, some Goulburn to Murray trade opportunity became available for a short time. Impacted customers are being notified and we are seeking to address the errors.
Read more: Important information – Goulburn to Murray trade opening system error
The Goulburn to Murray seasonal trade opportunity opening that was scheduled for 16 October 2023 is postponed.
We will have an update for you by Thursday 19 October 2023.
Read more: Important information – Postponement of 16 October 2023 Goulburn to Murray trade opening
The next release of seasonal trade opportunity from the Goulburn to the Murray system is Midday 12.00 pm on Monday 16 October 2023, based on current estimates approximately 70 GL of Goulburn to Murray trade opportunity will be released. However, this opportunity may be higher if the Resource Manager announces further spills have occurred before 16 October.
Read more: Important information – Goulburn to Murray trade opportunity volume for 16 October 2023
The Victorian Water Register MyWater and Broker portal will be offline on Monday 16 October 2023 between 12:30 pm and 6:00 pm.
This planned outage is required for manual processing of trade applications for the Goulburn to Murray trade opportunity opening.
Outside of this timeframe (12:30 pm to 6:00 pm), the Victorian Water Register's MyWater and Broker portal will be online.
The next release of seasonal trade opportunity from the Goulburn to the Murray system is Midday 12.00 pm on Monday, 16 October 2023. Estimated volumes will be made public closer to 16 October 2023.
This follows the previous Goulburn to Murray 4 July trade opening and is the second of three Goulburn to Murray trade openings for the 2023–24 water year. Go here for more information on the Goulburn to Murray trade rule.
For the 16 October 2023 opening, trade applications will continue to be manually processed by each relevant water corporation to manage demand allocation. Automatic processing will not take place.
Read more: Important information – Goulburn to Murray trade opportunity for 16 October 2023
The Victorian Government is dedicated to providing transparency for water market participants and actively overseeing water market operations to ensure ongoing effectiveness.
The yearly audit of allocation trades submitted by water brokers via the Victorian Water Register's online Broker Portal and API plays a vital role in acknowledging water brokers who adhere to government standards and auditing criteria.
Read more: Release of latest Victorian Water Brokers audit report
This is a reminder that this year the Victorian Water Register will close at midday (12.00 pm AEST) on 30 June 2023 for the end-of-year accounting that enables the roll-over from the 2022–23 to the 2023–24 water year. The register will reopen just 12 hours later, from midnight (12.00 am AEST) on 1 July 2023.
Read more: Reminder: Closing dates for end of 2022–23 financial year
The Goulburn to Murray trade review Scientific Advisory Panel (the Panel) has completed the 2021-22 annual report describing the environmental outcomes from the first year of a three-year environmental monitoring program. The monitoring program is designed to assess the environmental performance of the new long-term Operating Rules for the Lower Goulburn River, to determine whether the rules are working as expected to prevent the kinds of environmental damage seen in previous years due to sustained high flows over summer and autumn.
The 2021-22 results provide some early indications of positive environmental response in the absence of sustained high flows on the river in each of the core themes described below:
Please see news article Important information for end of 2022-23 financial year and trade opening times for July 2023 for previous information around end of year and start of year trade information.
If you require further information about any of the below information, reach out to the Victorian Water Register team via waterregister.support@delwp.vic.gov.au.
There is now updated information regarding the Goulburn to Murray trade limit (Tuesday 4 July 2023)
Opening allocation trade opportunities under different trade limits are listed below. If you are concerned about any of the below information, reach out to the Victorian Water Register team on waterregister.support@delwp.vic.gov.au.
Victoria is adopting a new approach to water delivery entitlements in declared systems that will protect existing water users’ rights to have water delivered down rivers and empower water users to manage their own delivery risks.
The new framework is due to come into effect in July 2023. However, the Water Legislation Amendment Bill 2023, which is currently being considered by the Victorian Parliament, proposes to delay its commencement by up to 12 months to provide more time for meaningful consultation with water users affected by last year’s devastating flooding events.
To help water users understand what the new framework will mean for them, four short animations have been created for different types of water users:
Read more: What the new Place of Take Approvals Framework means for water users
Victoria has released a new independent report by water market experts Aither, updating estimates of water availability and horticulture demands in the southern Murray-Darling Basin.
The updated report has been developed in close collaboration with the New South Wales and South Australian governments, the Murray-Darling Basin Authority and industry experts to provide an up-to-date understanding of how horticultural water demands are changing.
Read more: Water supply and horticulture demand in the southern Basin - 2022 Update
The Victorian Water Register is undergoing planned works and consequently, the entire water register system will be offline between 6:00pm and 8:00pm on Thursday March 16, 2023.
Read more: Victorian Water Register offline Thursday evening March 16, 2023
The release of the Annual Trade Report for 2021–22 report continues the Victorian Government’s commitment to ensuring all water participants can easily access water market information.
The Annual Trade Report for 2021–22 highlights that water market prices reflect water availability and water demand. Victorian annual rainfall was above average for 2021-22 as the La Niña event continued into its second year delivering the State’s wettest year since 2016.
Delivering water in the Murray system has always been challenging, and although shortfalls in the Murray below Barmah have been rare, the risk of a shortfall is increasing. A shortfall occurs when water that is allocated and entitled to be used cannot be delivered when and where it is needed.
Jointly Basin state governments and the Murray-Darling Basin Authority are working together to help manage these risks, but we know that delivering water through complex and connected river systems that are changing means the risk of a shortfall can never be managed to zero. That is why it is important to have plans in place.
The Victorian Government is publishing the Victorian River Murray Shortfall Response Plan to guide the effective and coordinated response to a shortfall and demonstrate how we will limit the impacts and consequences for our water users and the community as much as possible.
Read more: Victorian River Murray Shortfall Response Plan published
MyWater and Broker Portal will not be available 10:30 am to 5:00 pm Thursday 15 December 2022.
To enable trade processing for the 15 December 2022 Goulburn to Murray trade opportunity, the following changes will be implemented.
Read more: Change to online trading Thursday 15 December 2022
The next release of seasonal trade opportunity from the Goulburn to the Murray system is 10.00 am on 15 December 2022. This follows the previous 17 October trade opportunity that was cancelled due to the emergency response to flooding across northern Victoria. It will also be the final Goulburn to Murray trade opening of the water year.
It is estimated that approximately 58 GL of Goulburn to Murray trade opportunity will become available at this time. This total includes the volume of trade opportunity that would have been released in October.
Read more: Important information – Goulburn to Murray trade opportunity for 15 December 2022
The 17 October 2022 Goulburn to the Murray seasonal trade opportunity will not proceed. The volume of seasonal trade opportunity that was due to be made available in October will instead be included with the next release of additional seasonal trade opportunity on 15 December 2022.
The Victorian Water Register is undertaking a planned works and consequently, the entire Water Register system will be offline between 06:00pm to 11:00pm Thursday October 27th 2022.
Read more: Water Register offline 6:00pm – 11:00pm Thursday October 27th