Portfolio Management Update
October - December 2014
The Commonwealth Environmental Water Holder has considered opportunities to trade water in the Murray-Darling Basin during the second quarter of the 2014-15 water year (October to December 2014). During this period there are currently no plans to trade (dispose or acquire) water allocations or permanent water entitlements.
The Commonwealth Environmental Water Office is continuing to investigate the need to purchase temporary water allocations in some parts of the northern basin, consistent with the Basin annual environmental watering priorities to protect refuge sites during ongoing dry conditions. Currently acquisition options focus on the potential to augment natural unregulated flow events in the Lower Balonne (Culgoa and Narran rivers and other distributaries) and Barwon Darling. These rivers are currently identified as having high environmental demand.
The Commonwealth Environmental Water Office will provide further information to the water market prior to undertaking any trading action, based on decisions by the Commonwealth Environmental Water Holder.
Refer to the Commonwealth environmental water Trading Framework, which includes operating rules, procedures, and protocols, for further information.