Murrumbidgee water trade closure and carryover

Murrumbidgee water trade closure and carryover

18 April 2018

Water trading in the Murrumbidgee valley is set to close for the year and could impact on the carryover water held by licence holders.

Interstate trading from licences in the Murrumbidgee closes on 30 April, while intra-valley trading closes on 31 May.

Under the Murrumbidgee water sharing plan (WSP) licence holders can be at risk of forfeiting water as at 30 June if there is more water in their account than the WSP carryover rules allow.

To avoid forfeiting water licence holders can either use the water or trade the water.

WaterNSW is currently contacting Murrumbidgee customers to remind them of the rules regarding carryover and the potential impact the trade closure may have on their carryover options.

A spokesperson for WaterNSW said the organisation was acting to ensure customers are aware of the potential implications.

“While the vast majority of customers are aware of the manner in which the end to the trading period can have a bearing on carryover, WaterNSW is reaching out to customers to minimise the likelihood of anyone forfeiting water because they were unaware,” the spokesperson said.

“This is particularly important in the Murrumbidgee valley where allocation trading closes earlier than elsewhere.”

For information on water trading and licence categories contact the WaterNSW helpdesk on 1300 662 077

Contact: Tony Webber

Phone: 0428 613 478


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