Keep up to date with industry news, seasonal updates and other events that have occurred in the water market.
April 13 2022 Today concludes the first week of the Australian Water Tender for 2021-22. So far, 921.4 ML has been traded across 6 trades for a combined value of $1,863,860.0. This fantastic return is primarily from one substantial trade of NSW Murray Zone 10 General Security Water - 754 ML! This shows how much value
Tuesday 5 April 2022 Last week’s Budget announcements provided some big wins for new dam developments in Northern NSW and QLD and a dam disappointment for much anticipated water market regulatory reforms. The Budget set aside $6.9 billion towards dam and pipeline upgrades in Queensland and northern NSW, one of the largest new dam infrastructure
Waterfind compares 2021 with 2016-17 as wetter than average seasons, highlighting the downward trend of temporary water prices in the Murray system.
The Hume Dam is effectively full and if a spill event is declared in the Murray region, it will be the first spill since the 2017-18 water season.
Waterfind CEO, Tom Rooney, discussed forthcoming drivers for permanent and temporary water markets at the national ABARES webinar held on 5 August.
There is currently a higher volume of tradeable water in the southern basin compared to this time last year and prices are half the price or less.
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