Seasonal Determination - 1 March 2016

Announcement Date: 1 Mar 2016
Next Announcement Due: 15 Mar 2016

Determination Data

Seasonal determinations for northern Victoria regulated river systems.

  High Reliability Water Share Change to High Reliability Water Share Low Reliability Water Share Comments
Murray 100% 0% 0% Declared 10 September 2015
Broken 26% 0% 0% -
Goulburn 90% 0% 0% Declared 1 July 2015
Campaspe 64% 0% 0% Declared 1 July 2015
Loddon 80% 0% 0% -
Bullarook Creek 8% 0% 0% -

Further Information

The Resource Manager for northern Victoria today announced that 2015/16 seasonal determinations in all systems remained unchanged.

“Warm and dry conditions over the past fortnight have meant there is no additional water available,” Resource Manager for northern Victoria Mark Bailey said.

“Inflows to the major storages, evaporation and river losses were close to expectations.”

Trading Opportunities

The Goulburn system’s inter-valley trade (IVT) account owes about 60 GL to the Murray system on March 1. The Goulburn, Campaspe and Loddon systems can trade to the Victorian Murray system, New South Wales and South Australia while the total volume owed to the Murray system is less than 200 GL.

The Goulburn, Campaspe and Loddon systems can trade from the Victorian Murray system, New South Wales and South Australia while the total volume owed to the Murray system is greater than zero.

Allocation trade from New South Wales to Victoria is limited to the lesser of a net annual volume of 200 GL or a volume that keeps the risk of spill in the Murray system below 50 per cent. The spill risk limit allows more than 200 GL of trade, and so the net annual volume of 200 GL applies unless advised otherwise.

Customers participating in the water trading market can monitor trade availability on the Water Register website.

Standard Murray-Darling Basin Authority policy prohibits the net trade of allocations from above the Barmah Choke to downstream to protect delivery of downstream water entitlements. However, there is currently about 158 GL of capacity available to trade from upstream to downstream. Customers can monitor trading opportunities across the Barmah Choke on the Murray-Darling Basin Authority website.

Upcoming Resource Manager Announcements

  • The next 2015/16 seasonal determination announcement will be released on Tuesday 15 March 2016.

For information about the Resource Manager for northern Victorian regulated water systems, including seasonal determinations, resource availability and carryover volumes, please visit www.nvrm.net.au. The status of Victorian shares of Murray storages is available at http://www.mdba.gov.au/managing-water/water-sharing.

Information about El Niño is available from the Bureau of Meteorology at www.bom.gov.au/climate/enso.

Details of the March to May rainfall outlook are available from www.bom.gov.au/climate/outlooks and seasonal streamflow forecasts are available at http://www.bom.gov.au/water/ssf/index.shtml.