Keep up to date with industry news, seasonal updates and other events that have occurred in the water market.
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
There is a lot of water available in the market. What factors attribute to these market conditions and what does this mean going into the 2022/23 season?
On Wednesday 15 June, The Minister for Water Lisa Neville announced the new permanent trade and operating rules for the Goulburn to Murray. The goal is to keep flows lower over summer and autumn, while not increasing delivery risk for irrigators. These rules will come into effect from 1 July 2022. Waterfind has summarised the
Week 10, the final week of the Australian Water Tender, has now finished. A total of 5 trades have been made this week in the Australian Water Tender for an aggregated volume of approximately 62 ML and a combined value of over $260,000. This was largely thanks to trading in the Hunter Valley and Border Rivers Region. Below
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