Murrumbidgee inter-valley trade options paper

Murrumbidgee inter-valley trade options paper

29 July 2021

WaterNSW has released for public consultation an options paper for the inter-valley trade (IVT) between the Murrumbidgee and Murray systems.

WaterNSW is responsible for the administration and management of the trade processes that facilitate the IVT. Changes in water usage patterns, increased and more sophisticated approaches to water trading, and the changing expectations of water market participants have necessitated a review into the current arrangements for receiving and processing these trade applications.

The paper is the first step towards addressing known challenges with the IVT, which are recognised by water market participants and, most recently, the ACCC in its water markets inquiry.

With public feedback, it is hoped that the review leads to improved transparency and application processes for water users and market participants.

The findings of this review will be released in September and WaterNSW will seek to implement any changes by December.

WaterNSW encourages interested parties to make submissions through the online form.

Information on the Murrumbidgee IVT can be found at: waternsw.com.au/IVT

Media contact – Tony Webber 0428 613 478

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Tuesday 19 October