Updated 24/09/2025.
This page presents a list of holders of allocation accounts who frequently traded water in the Goulburn and Murray river systems in 2024–25.
The Victorian Government committed to publishing a list of frequent traders of water in response to the 2019 and 2020 consultation on water market transparency. Through this consultation, it was clear that the community wanted more transparency in certain aspects of the water market, balanced with an appropriate level of individual and commercial privacy.
Under these same commitments a similar report, the large water owners report, has been published yearly since 2019–20 including the names of companies that hold over 2% of high-reliability entitlements in the Goulburn and Murray systems.
From 1 July 2024, following an amendment to the Water Act 1989, the Minister for Water can now include names of individuals in public reports in specific circumstances.
This report defines frequent traders as the owners of individual allocation accounts that have, during a water year, completed more than 20 allocation trades which are:
This report lists the names of individuals and organisations that meet the above criteria.
The names of Frequent Traders in this report are grouped by the source water system of their allocation bank account (ABA).
This report is based on data as of 30 June 2025.
To date for the 2024–25 water year, there are 73 frequent traders:
We acknowledge that in some cases trusts and intermediaries may hold and trade allocation water in their accounts on behalf of other parties. An updated Water Market Trends report, planned for publication later in 2025, will include additional deidentified summary information about the volume of water traded by frequent traders historically.
Parties that meet the criteria of a frequent trader are listed in table 1.
Table 1: Frequent Traders in 2024–25 as at 30 June 2025.
Part 5A of the Water Act 1989 sets out the purpose of the Victorian Water Register, including to make information about water markets publicly available. This information was published in accordance with section 84EA.