Restoring the Balance in the Murray-Darling Basin Program: Lachlan River catchment
- MDB Catchments
- Lachlan
Major irrigation areas
- Jemalong and Wyldes Plains Irrigation Area
Examples of high value environmental assets
Lachlan River catchment
State: New South Wales
Water purchased from the Lachlan River catchment can be used to benefit environmental assets in this catchment and downstream.
Australian Government water purchases in the Lachlan River catchment
| Catchment | Entitlement Type | 2007-08 Purchases (ML) | 2008-09 Purchases (ML) | Expected average annual volume of water available for the environment (ML) | Average price paid per trade 2008-09 ($/ML) (b, c) |
MDBC Sustainable Rivers Audit Health Rating |
|---|---|---|---|---|---|---|
| Lachlan | High security | 300 | 300 | NA | ||
| General security | 7,214 | 72,391 | 33,434 | $696 | Very Poor |
(b) 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.
(c) Full purchasing information, including average price paid per trade, is only provided for catchments where contracts have been exchanged with five or more non-Twynam sellers. For catchments where this is not the case and water has been purchased from Twynam Agricultural Group, only the volume of the Twynam purchase is shown. This is to protect the privacy of sellers.
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 .
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.
Restoring the Balance in the MDB Program
Key
Links to another web site
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