Australian water markets report 2011-12

icon-for-landing-pageThe Australian water markets report 2011–12 is the National Water Commission’s fifth annual statement of water trading activity across Australia. It provides the definitive national statement of water trading activity and stands as a valuable information resource that describes trading arrangements and activity in each jurisdiction.

With above-average rainfall and high water allocations across most of eastern Australia, trading in entitlements and allocation expanded in 2011–12, providing strong evidence that participants are using water markets as a tool for responding to varying seasonal conditions.

Allocation trade in Australia was up 23% from 3493 GL in 2010–11 to 4297 GL in 2011–12. The average price for the year, in the southern Murray–Darling Basin, was approximately $18/ML, compared with $32/ML in 2010–11. Trade in water entitlements increased by 19% from 1204 GL in 2010–11 to 1437 GL in 2011–12. Prices for both entitlements and allocations fell, reflecting wetter conditions and more abundant allocations.

Water trading in Australia continues to be strongly concentrated in the Murray–Darling Basin, which accounted for 85% of entitlement trade and 98% of allocation trade. However, entitlement trading outside the basin continued to grow (from 205 GL in 2010–11 to 218 GL in 2011–12), mainly as a result of increased trading in Tasmania.

Documents for download

Introduction (PDF 3.8 MB)

Executive summary (PDF 3.8 MB)

Section 2: Overview (PDF 5.9 MB)

Section 3: National summary (PDF 4.6 MB)

Section 4.1: Queensland (PDF 4.4 MB)

Section 4.2: Victoria (PDF 5.3 MB)

Section 4.3: South Australia (PDF 4.1 MB)

Section 4.4: New South Wales (PDF 5.5 MB)

Section 4.5: Western Australia (PDF 4 MB)

Section 4.6: Northern Territory (PDF 2.9 MB)

Section 4.7: Australian Capital Territory  (PDF 3.8 MB)

Section 4.8: Tasmania (PDF 3.9 MB)

Section 5: Market performance (PDF 4 MB)

Abbreviations and acronyms (PDF 3.1 MB)

View online

Foreword

Executive summary

Section 2: Overview

Section 3: National summary

Section 4.1: Queensland

Section 4.2: Victoria

Section 4.3: South Australia

Section 4.4: New South Wales

Section 4.5: Western Australia

Section 4.6: Northern Territory

Section 4.7: Australian Capital Territory

Section 4.8: Tasmania

Section 5: Market performance

Abbreviations and acronyms

Tell us what you think

The National Water Commission is evaluating the Australian Water Markets Report with a view to improving the delivery of water trading information to best meet stakeholder needs. The Commission would appreciate feedback from users of the report and data resource on the value and usefulness of these products by completing a short survey.

Water trading data resource

As a companion to the report, the water trading data resource is a database compiled using the data collected for the series of Australian Water Markets Reports, from 2007–08 to 2011–12. It is the first database to contain entries for each water trade in Australia, and is made available to allow interpretation and analysis of market data.

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