Water Trading Strategy 2024-25 now online

Lower Murray Water owns bulk entitlement and water shares of 34,132.9 ML. Our Water Trading Strategy sets out how we will use our water allocation – for example, how much allocation we will sell and when. The strategy also highlights any purchasing of water share which may be undertaken in a season.

On an annual basis, water allocations can be derived from this Murray Urban Bulk Entitlement and Goulburn and Murray High and Low Reliability Water Shares.

Depending on seasonal conditions and urban water demand (forecast to be in the order of 21,500ML), LMW will sell surplus allocation in 2024-25. LMW will be less likely to sell allocation under scenarios classified as ‘extreme dry’ and is more likely to sell allocation under wetter scenarios as classified as ‘average or wet’.

As total water availability (via seasonal determinations) is largely known by the end of October of each season, decisions to sell allocation will typically take place from November onwards. This will be the case again in 2024-25.

Proceeds from the sale of allocation will be used to assist, maintain and improve LMW’s service delivery to its customers.

To view the Strategy in full, please visit Water Trading Strategy.