Owners who hold more than 2% of high reliability water shares, 2022-23
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.
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 includes trading zones:
Map of the system:
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 |
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.
The Murray above the Barmah Choke includes trading zones:
Map of the system:
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.
The Murray below the Barmah Choke includes trading zones:
Map of the system:
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.
Map of northern Victoria:
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.
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.
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.