This publication was initially released by the Department of the Prime Minister and Cabinet. With changes in portfolio arrangements this publication has become the responsibility of the Department of the Environment and Water Resources. Any questions regarding content, the supply of this publication or accessibility concerns should be directed to the Department of the Environment and Water Resources.
Report by Chapter
- Executive Summary - (PDF - 204 KB)
- Chapter 1 Background - (PDF - 119 KB)
- Chapter 2 Water trading - (PDF - 451 KB)
- Chapter 3 Directions for an effective water market - > (PDF - 83 KB)
- Chapter 4 Characteristics which support competition - (PDF - 107 KB)
- Chapter 5 Design characteristics for water entitlements and allocations - (PDF - 370 KB)
- Chapter 6 Market rules and trading restrictions - (PDF - 411 KB)
- Chapter 7 Market regulation and trading mechanisms - (PDF - 119 KB)
- Chapter 8 Enhancing market effectiveness - (PDF - 394 KB)
- Chapter 9 Jurisdictional priorities - (PDF - 798 KB)
- Appendices - (PDF - 625 KB)
About the document
The National Water Initiative (NWI) is Australia's blueprint for national water reform. Central to the initiative are water markets and trading. Trading is the main means through which available water resources are to be (re)allocated amongst users, representing a fundamental shift away from the historic administered allocation arrangements. Trading may involve a reallocation of water within a sector, between sectors, or between communities.