Restoring the Balance in the Murray-Darling Basin Program: Victorian Murray River catchment
- MDB Catchments
- Vic Murray
Major irrigation areas
- Mildura Irrigation Area
- Robinvale Irrigation Area
- Torrumbarry Irrigation Area
- Murray Valley Irrigation Area
Examples of high value environmental assets
Victorian Murray River catchment
State: Victoria
Water purchased from the Victorian Murray River catchment can be used to benefit environmental assets in this catchment and downstream.
Australian Government water purchases in the Victorian Murray 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 | VIC above Choke - High reliability | 5,104 | 23,618 | 27,286 | $2,187 | Poor - Very Poor |
| VIC below Choke - High reliability | 500 | 44,047 | 42,320 | $2,375 | ||
| VIC above Choke - Low reliability | 160 | 3,574 | 896 | $190 | ||
| VIC below Choke - Low reliability | 193 | 3,614 | 914 | $200 |
(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 Victoria can be found on the Victorian Water Register .
Private water auction houses or brokers can also provide information on historical entitlement trades.
CSIRO Sustainable Yields Report
- Not available for the Victorian Murray River catchment
Restoring the Balance in the MDB Program
Key
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