Total volume of the class on issue:
Historic reliability of the class:
Timing and manner of making allocation announcements:
Timing:
Initial Available Water Determinations are made 1 July, then further Available Water Determinations may be made when water becomes available for distribution. It is possible for the 1 July Available Water Determinations to equal zero.
Manner:
Allocation announcements are made via media releases, displayed on the NSW Department of Industry Water Available Water Determinations page, and also on the media releases page.
How allocation levels are determined:
The Available Water Determinations procedure is generally divided into two sections; the available water asset, and system commitments. Once system commitments have been met the available water asset is then available for distribution to the access licence categories in order of priority. The volume of the announced allocation is expressed as the percentage of share component of the licence or as a volume per share. For further details of the methodology please see the General Purpose Accounting Reports for the Murrumbidgee catchments.
Guidelines for setting Available Water Determinations are set by Part 7 Division 2 of the Water Sharing Plan
Areas to which this water access right may be traded:
Dealings and trade are subject to the following rules:
Schedule D of Schedule 1 of the Water Act 2007 (Cwth) states the following:
Trade may occur from Murrumbidgee to:
Vic Murray Above the Choke; Vic Murray from Barmah Choke to SA Border; NSW Murray above Barmah Choke; NSW Murray below the Barmah Choke; South Australian Murray.
Back trade allowed from Murrumbidgee to:
Greater Goulburn; Lower Goulburn, Part Campaspe, Lower Campaspe, Part Loddon; Lower Broken Creek; Murrumbidgee; Lower Darling.
For a graphical representation - please refer to the Southern-connected Interstate Water Trading Zones Map and to the Trading Zones Table.
Areas from which water access rights may be traded:
Dealings and trade are subject to the following rules:
Schedule D of Schedule 1 of the Water Act 2007 (Cwth) states the following:
Back trade is allowed from these trading zones to Murrumbidgee:
Vic Murray Above the Choke; Vic Murray from Barmah Choke to SA Border; NSW Murray above Barmah Choke; NSW Murray below the Barmah Choke; South Australian Murray, Greater Goulburn; Lower Goulburn, Part Campaspe, Lower Campaspe, Part Loddon; Lower Broken Creek; Murrumbidgee; Lower Darling.
For a graphical representation - please refer to the Southern-connected Interstate Water Trading Zones Map and to the Trading Zones Table.
Trading rules relevant to the class: