Frequently Asked Questions

Sales recognition is payable at settlement of the forward trade. Where a client has bought water for delivery in a future water season, transfer forms will not be sent until the 1st of July of that new water season. ‘Delivery date’ is the date that the transfer is lodged with the water authorities, not when the Purchaser will receive the water. Regular water authority approval times apply.

1. Add a buy order or sell order to our online water market.
2. Buy or sell directly from that order
3. Parcels will not automatically match on the market if both orders are listed separately

When purchasing water on the Forward Market, the following payment terms apply:

• 20% Deposit (+ fees/commission) payable within 7 Days.
• Final payment required 14 Days prior to the delivery date.

Deposit and conveyancing fees are due within 7 days of a signed contract. Any outstanding balance, government and water authority fees will be due no less than 14 days prior to the delivery date.

Almost anyone can use the Forward Market, however your account needs to be approved for Forward Market transactions before you can use the facility.

We also need to ensure we have advised of additional requirements when acting in the Forward Market. We will work with you to review your trading history before approving your account.