The Commonwealth Government is reforming water trading by introducing a mandatory code of conduct for water market intermediaries, set to take effect on July 1, 2025. This landmark reform aims to standardise practices, enhance transparency, and prevent unethical behaviours like insider trading and market manipulation. With key regulatory bodies, including the ACCC and the Inspector-General of Water Compliance, gaining expanded enforcement roles under updated legislation, these changes promise to strengthen the integrity and confidence of Australia’s water markets.

As a pioneer in water market excellence since 2003, Waterfind fully supports these regulatory measures and is well-prepared to navigate the new industry standards. However,  Waterfind recognises the stakes are high, with substantial penalties for non-compliance, making preparedness critical for all market operators. Recognising that many operators may struggle to meet the new standards, Waterfind has published an independent white paper (available here) to guide the sector through this transition. With a proven track record of compliance and commitment, Waterfind stands ready to assist others in fostering a fair, transparent, and thriving water market ecosystem.

Waterfind has developed a comprehensive Code Compliance Checklist to help water intermediaries prepare for the upcoming regulatory requirements. This practical compliance tool turns the government’s proposed policy positions for the Water Markets Intermediaries Code into 30 actionable points spread across 11 sections, offering a streamlined and user-friendly framework. Each point includes clear explanations and guidance on best practices, allowing intermediaries to evaluate their readiness and pinpoint areas needing attention.

Beyond the checklist, Waterfind provides tailored support to help intermediaries and independent water brokers achieve compliance efficiently and without disrupting client services. With flexible options designed to fit various budgets and needs, Waterfind can ensure intermediaries meet regulatory standards while enhancing customer satisfaction and industry quality. This proactive approach strengthens the sector’s integrity, creating a safer and more secure future for Australia’s water markets.

To obtain a copy of the white paper please click here.

Complete the below form to download the Water Markets Intermediaries Code Compliance Checklist.