Perhaps you're a long time water trader who is looking at a new option, or totally new to the concept of water trading. Whatever the case, this page explains some of the basic concepts and terminology. If you still have questions, please don't hesitate to contact one of our experienced team for the answers.
Water trade allows for the efficient redistribution of water and is an important mechanism for managing the Murray-Darling Basin’s scarce water resources.
There are two main types of water rights traded in the Basin – entitlements and allocations:
Rules operate together to govern water trade in the southern-connected Murray-Darling Basin, reduce restrictions on trade, improve transparency and access to information and
improve market confidence through a more effective water market.
There are overarching rules of the Commonwealth Basin Plan 2012, which all Basin States must comply with and rules in state water planning or water sharing instruments such as water allocation plans in South Australia and water sharing plans in New South Wales.
There are different types of water trade which are explained in the FAQ's below.