Restoring the Balance in the Murray-Darling Basin Program: Border Rivers catchment
Major irrigation areasBorder Rivers catchment
State: Queensland / New South Wales
Water purchased from the Border Rivers catchment can be used to benefit environmental assets in this catchment and downstream
Australian Government water purchases in the QLD Border Rivers catchment
| Catchment | Entitlement Type | Secured Purchases (ML) | Secured Entitlement Purchases - Average Anuual Yield (ML) | Other Purchases - Average Annual Yield (ML)(d) | Average price paid per trade ($/ML)(c) |
|---|---|---|---|---|---|
| QLD Border Rivers | Medium Security | 6,832 | 2,255 | 2,276 |
(a) Includes the water entitlements acquired from Toorale Station.
(b) Recovery estimates are calculated using SEWPaC's estimates of the long term average share of the diversion limit associated with each entitlement. It was advised in the Murray-Darling Basin Ministers' Communique of 4 November 2011 that these would be used to determine how much of the 'gap' between the Baseline Diversion Limit (BDL) and the Sustainable Diversion Limits (SDL) has been 'bridged' through purchase and infrastructure projects.
(c) The average prices displayed are not necessarily an indicator of the current price the Australian Government is willing to pay for water entitlements. This is because the prices the government is willing to pay for water entitlements are adjusted according to factors such as market price movements, reliability of entitlements, expected environmental benefits and the cumulative volume of purchases that have been made in each catchment. The average prices displayed reflect consideration of these factors at the time applications were accepted, which may be some months prior to the time contracts were exchanged.
(d)includes the water purchased from the Victorian Government related to the NVIRP project. The water to be purchased in this transaction is specified in average annual yield terms.
Where to obtain information on market prices
Information on market prices in New South Wales is available from the New South Wales Department of Water and Energy .
Information on market prices in Queensland is available from the Department of Natural Resources and Water
Private water auction houses or brokers can also provide information on historical entitlement trades.
CSIRO Sustainable Yields Report
Note that the catchment boundaries referred to in this report may not directly align with the catchment boundaries represented on this web site.