Restoring the Balance in the Murray-Darling Basin Program: New South Wales Murray River catchment
- MDB Catchments
- NSW Murray
Major irrigation areas
- Coomealla Irrigation Area
- Murray Valley Irrigation Area
Examples of high value environmental assets
NSW Murray River catchment
State: New South Wales
Water purchased from the NSW Murray River catchment can be used to benefit environmental assets in this catchment and downstream.
Australian Government water purchases in the NSW Murray 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 |
|---|---|---|---|---|---|---|
| Murray | NSW General security- above the choke (d) | 1,780 | 99,038 | 81,663 | $1,319 | Poor - Very Poor |
| NSW General security- below the choke | 3,170 | 21,954 | 20,350 | $1,273 |
(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.
(d) Includes Murray Irrigation Limited (MIL) trades - the volumes and price per megalitre of MIL transactions have been adjusted to account for delivery system losses of 17 per cent on MIL entitlements prior to 1 July 2009. See MIL's website (PDF) for an explanation of MIL entitlements before and after 1 July 2009.
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
Not available for the NSW Murray River catchment.
Restoring the Balance in the MDB Program
Key
Links to another web site
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