Keep up to date with industry news, seasonal updates and other events that have occurred in the water market.
The East Coast of Australia has endured 2 consecutive La Niña weather pattern events bringing large volumes of rainfall to the states, watering crops and causing dam storages to reach full capacity. Now the Bureau of Meteorology has officially declared a 3rd successive La Niña event, only the 4th time since the 1900’s. So, with
Week 3 of the Australian Groundwater Tender has now finished. A total of 5 groundwater trades have been made this week for an aggregated volume of 118 ML and a combined value of $183,437. This was largely thanks to trading in the South Australian, Lower Limestone Coast Groundwater Market. Below is an up-to-date summary of the Australian
The 2nd week of the Australian Groundwater Tender has now finished, click here to read what has happened.
Today marks the end of the first week of the Australian Groundwater Tender for 2022-23 This week 237.9 ML of groundwater has been traded in 1 trade, in the Lower Limestone Coast Region in South Australia for a total value of $172,480 We have also seen large levels of engagement during the first week of
Australia’s first ever Groundwater Tender is now OPEN, providing opportunity for buyers and sellers to participate in the Groundwater Entitlement market.
Higher rainfall and full storages have caused temporary prices across the Murray-Darling Basin to trade at low prices not seen since July 2014. Mr. Rooney, CEO and Group Founder of Waterfind states that “the market is working as it is supposed to be with increasing annual supply driving lower annual prices" and that "many farmers
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