water markets

Increased transparency for the Victorian water market

5 June 2018

Daniel Baker, Aither
5 June 2018

In the Aither Water Markets Report 2016-17, we identified that $0 water allocation trades accounted for between 60 and 70 per cent of all reported allocation trades by volume in major southern Murray-Darling Basin trading zones. We use $0 trades as a proxy for related-party or environmental water trades, but it’s not a perfect measure.

Last week the Victorian Government uploaded a new water allocation trade dataset to the Victorian Water Register. This dataset is a game changer for market analysts, policy makers and market participants alike. For the first time in Australia, we now have timely access to information about whether individual Victorian water allocation trades involve environmental water holders, are commercial or related-party in nature and how these types of trades are driving the movement of water within and between connected water zones.

Read full report here.