Goulburn and Loddon low-reliability water share seasonal determinations increase to 100 per cent
The Resource Manager for northern Victoria today updated the 2022/23 seasonal determinations.
The Goulburn and Loddon systems increase from 100 per cent of high-reliability water shares (HRWS) and 77 per cent of low-reliability water shares (LRWS) to 100 per cent HWRS and 100 per cent LRWS.
The seasonal determinations in the Murray, Broken, Campaspe and Bullarook systems all remain at the maximum availability of 100 per cent HRWS and 100 per cent LRWS.
Resource Manager Mark Bailey confirmed that all systems had reached the maximum seasonal determination for 2022/23.
“This is the first time all northern Victorian systems have received a 100 per cent seasonal determination for both high-reliability and low-reliability water shares since water entitlements were unbundled in 2007,” Dr Bailey said.
“Releases to manage the water level in Lake Eildon continued during November and into December,” Dr Bailey added. “This will cause about 110 gigalitres to be deducted from Goulburn Spillable water accounts, equivalent to 100 per cent of the total volume.
Dr Bailey noted this is final seasonal determination announcement for 2022/23. “As all systems have the maximum seasonal determination, no further resource assessments for 2022/23 are required.”
“Any resource improvements in the coming months will contribute to reserves for 2023/24.”
“Risk of spill announcements will continue to provide updates on trade opportunities from New South Wales to Victoria,” Dr Bailey added.
The seasonal determinations for northern Victorian water systems on Thursday, December 15 are:
| Murray |
100% |
100% |
| Broken |
100% |
100% |
| Goulburn |
100% |
100% |
| Campaspe |
100% |
100% |
| Loddon |
100% |
100% |
| Bullarook |
100% |
100% |
Trading Opportunities
Allocation trade from New South Wales to Victoria is not currently possible because Victoria’s shares of Lake Hume and Dartmouth Reservoir are full.
The next release of Goulburn to Murray trade opportunity will occur at 10 am on December 15, 2022. For more information, please see the news item on the Victorian Water Register website
Customers participating in the water trading market can monitor trade availability on the Water Register website,
Trading of water allocations from above the Barmah Choke to downstream of the Choke is restricted to protect the delivery of downstream water entitlements. Customers can monitor trading opportunities across the Barmah Choke on the Murray-Darling Basin Authority website
Upcoming Resource Manager Announcements
- The risk of spill in the Murray, Goulburn and Campaspe systems will be updated on Tuesday January 10, 2023.
- The first outlook for 2023/24 seasonal determinations will be released on Wednesday February 15, 2023.