Owners who hold more than 2% of high reliability water shares, 2022-23

Northern Victoria
  Total Volume in Northern Victoria (GL) Water share owner % of total Volume (GL)
Northern Victoria  2,507 Commonwealth of Australia 27.8 697.7
State Street Australia Limited 3.6 89.7
Fresh Country Farms of Australia No. 5 Water PTY LTD 3.1 78.1
Perpetual Corporate Trust Limited 2.2 55.6
Total 921.1
   
Goulburn and Murray
  Total Volume in system/trading zone (GL) Water share owner % of total Volume (GL)
Goulburn system (Zone 1A, 1B and 3) 1,116 Commonwealth of Australia 28.7 320.7
State Street Australia Limited 3.7 41.2
Perpetual Corporate Trust Limited 2.3 25.4
Coliban Water Corporation 2.04 22.8
Total 410.1
Murray above the Barmah Choke (Zone 6) 328 Commonwealth of Australia 32.4 106.2
Perpetual Corporate Trust Limited 3.9 12.7
Victorian Environmental Water Holder 3.7 12.2
State Street Australia Limited 2.6 8.6
Akuna Holdings PTY LTD 2.5 8.2
Total 147.9
Murray below the Barmah Choke (Zone 6B and 7) 973 Commonwealth of Australia 26.7 260.1
Fresh Country Farms of Australia No. 4 Water PTY LTD 8.0 78.1
State Street Australia Limited 4.1 40.0
Total 378.2

 

Note for all tables
All information is at 30 June 2023.

Water shares owned by related owners have not been added together. The Victorian Water Register does not collect information about company structures which would be needed to determine which companies are related to one another.

Only where names of water share owners are exactly the same have the water shares been consolidated.

Currently, there are no individuals who own over two per cent of water shares in the systems covered in this report.

State Street Australia Limited is the registered owner of water shares, in its capacity as a custodian.

Who were the largest owners of water in 2022-23?

We define large water owners within a system as any business that owns over two per cent of the high reliability water shares within that water system.

The Goulburn system

The Goulburn system includes trading zones:

  • 1A Greater Goulburn
  • 1B Boort
  • 3 Lower Goulburn

Map of the system:

20-21GoulburnMap

Table 01: Owners who hold more than 2% of high reliability water shares in the Goulburn (zone 1, 1B and 3), 30 June 2023

Goulburn system
Total volume in GL

2% threshold in GL Water share owner % of total Volume (GL)
1,116 22.3 Commonwealth of Australia 28.7 320.7
State Street Australia Limited 3.7 41.2
Perpetual Corporate Trust Limited 2.3 25.4
Coliban Water Corporation 2.04 22.8
Total 410.1

 

Figure 01: A visual representation of the ownership of high reliability water shares in the Goulburn

Each water share owner is represented by a circle. The size of the circle represents the total volume of high reliability water shares held by each owner. The colour represents whether the water share is owned by the environment (green), privately (red) or by a water corporation (blue). The named circles represent the water share owners above the 2% threshold.

largewaterowners-goulburn23

The Murray above the Barmah Choke

The Murray above the Barmah Choke includes trading zones:

  • 6 Vic Murray – Dartmouth to Barmah

Map of the system:

20-21Murray6Map

Table 02: Owners who hold more than 2% of high reliability water shares in the Murray above the Barmah Choke (trading zone 6), 30 June 2023

Murray system above the Barmah Choke

Total volume in GL

2% threshold in GL Names of water share owners Percentage of water they own in the system Volume of water they own in the system in GL
328 6.5 Commonwealth of Australia 32.4 106.2
Perpetual Corporate Trust Limited 3.9 12.7
Victorian Environmental Water Holder 3.7 12.2
State Street Australia Limited 2.6 8.6
Akuna Holdings PTY LTD 2.5 8.2
Total 147.9

 

Figure 02: A visual representation of the ownership of high reliability water shares in the Murray above the Barmah Choke

Each water share owner is represented by a circle. The size of the circle represents the total volume of high reliability water shares held by each owner. The colour represents whether the water share is owned by the environment (green), privately (red) or by a water corporation (blue). The named circles represent the water share owners above the 2% threshold.

largewaterowners-abovechoke23

The Murray below the Barmah Choke

The Murray below the Barmah Choke includes trading zones:

  • 6B Lower Broken Creek
  • 7 Vic Murray – Barmah to South Australia

Map of the system:

20-21Murray7Map

Table 03: Owners who hold more than 2% of high reliability water shares in the Murray below the Barmah Choke (trading zones 6B and 7), 30 June 2023

Murray system below the Barmah Choke

Total volume in GL

2% threshold in GL Names of water share owners Percentage of water they own in the system Volume of water they own in the system in GL
973 19.5 Commonwealth of Australia 26.7 260.1
Fresh Country Farms of Australia No. 4 Water PTY LTD 8.0 78.1
State Street Australia Limited 4.1 40.0
Total 378.2

 

Figure 03:A visual representation of the ownership of high reliability water shares in the Murray below the Barmah Choke

Each water share owner is represented by a circle. The size of the circle represents the total volume of high reliability water shares held by each owner. The colour represents whether the water share is owned by the environment (green), privately (red) or by a water corporation (blue). The named circles represent the water share owners above the 2% threshold.

largewaterowners-belowchoke23

Who owns water shares in northern Victoria

Map of northern Victoria:

20-21NorthernRegionMap

Table 04: Presents owners who hold more than 2% of high reliability water shares in all trading zones in northern Victoria

Northern Victoria

Total volume in GL

2% threshold in GL Names of water share owners Percentage of water they own in the system Volume of water they own in the system in GL
2,507 50 Commonwealth of Australia 27.8 697.7
State Street Australia Limited 3.6 89.7
Fresh Country Farms of Australia No. 4 Water PTY LTD 3.1 78.1
Perpetual Corporate Trust Limited 2.2 55.6
Total 921.1

 

Table 05: Water share volume GL in northern Victoria 

Owner type Volume of water shares in GL 
Private owners 1,720
Environment  739 
Water Authority 48 

 

Figure 04: Pie chart showing the total volume of high reliability water shares owned by the Environment, Private or Water Authority in northern Victoria

The figure below shows the ownership of all high reliability water shares in northern Victoria. The green slice is the volume held by the Commonwealth Government and the Victorian Environmental Water Holder for environmental use. The blue slice represents water corporations, and the red are the private owners.

Most water shares are owned by private owners.

largewaterowners-northernvictoria2023

Publishing this information

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.

Foreign ownership of water entitlements

Some Victorian water entitlements are foreign owned. The Australian Taxation Office reports on foreign ownership of water. The latest report is at 30 June 2022, link here.