On 23 January 2023, the Commonwealth Environmental Water Holder announced a tender to sell up to 8 gigalitres (GL) of Commonwealth environmental water from the Goulburn 1A Catchment in Victoria. The trade of annual water allocations is a result of the wet conditions over the last three years. The tender period will open at 10:00am (AEDT) Monday 30 January 2023 and close at 3:00pm (AEDT) Friday 3 February 2023. The Commonwealth Environmental Water Holder has not appointed any brokers to act on its behalf in this water allocation sale. The Commonwealth Environmental Water Holder is using a tender process, which is set out below.
Update 1 February 2023: Two Amendments have been made to the Bidder FAQ document. The updated FAQ document is below.
Goulburn water allocation sale documentation and information
Guidelines (PDF 558 KB)
Guidelines (DOCX 800 KB)
Terms of Offer (PDF 153 KB)
Terms of Offer (DOCX 110 KB)
Bidder FAQs (PDF 587 KB) - updated 1 February 2023
Bidder FAQs (DOCX 800 KB) - updated 1 February 2023
Glossary (PDF 139 KB)
Glossary (DOCX 84 KB)
Goulburn water allocation market update (PDF 684 KB)
Goulburn water allocation market update (DOCX 1.4 MB)
Goulburn Regulated Water Allocation Sale - Outcome Report (PDF 88 KB)
Goulburn Regulated Water Allocation Sale - Outcome Report (DOCX 77 KB)
‘Personal information' means information or an opinion about an identified individual, or an individual who is reasonably identifiable. The department will collect the personal information provided in the Sale of Water Allocation Bid Form (the bid form).
By completing and submitting the bid form, you consent to the collection of all personal information provided in the bid form.
We collect your personal information (as defined by the Privacy Act 1988 (Cth)) for the purpose of processing and managing your water allocation bid and the transfer of water should your application be successful.
If you provide your consent in the bid form under ‘Follow-up Contact’, the department will also collect your personal information for the purpose of further research and assessment of water trading and the water trading process. This may include seeking further information or feedback from you.
If you provide your consent under ‘Commonwealth environmental water and trade updates’ the department will also collect your personal information for the purpose of contacting you with news and updates about Commonwealth environmental watering in the Murray-Darling Basin.
If you fail to provide some or all of the personal information requested in this form, the department may be unable to assess your application, facilitate the transfer of water to your account if your bid were to be successful or contact you about related matters.
The department may disclose your personal information to other Australian agencies, persons, or organisations where necessary for the above purposes, provided the disclosure is consistent with relevant laws, in particular the Privacy Act 1988 (Cth). Your personal information will be used and stored in accordance with the Australian Privacy Principles.
See the department’s Privacy Policy to learn more about accessing or correcting personal information or making a complaint. Alternatively, email the department at privacy@dcceew.gov.au.
The Commonwealth Environmental Water Holder has completed its tender to sell 20,837 megalitres (ML) of Commonwealth environmental water from the Goulburn for a return of $6,043,618 for the Murray Darling environment. The volume weighted average price of the 78 successful bids was $290.04 per ML. The last trade was registered on 25 September 2018.
More information
Goulburn Regulated Water Allocation Sale – Outcomes (PDF - 149.85 KB)
Goulburn Regulated Water Allocation Sale – Outcomes (DOCX - 751.99 KB)
Bidder FAQs (PDF - 137.85 KB)
Bidder FAQs (DOCX - 803.93 KB)
Terms of offer (PDF - 132.25 KB)
Terms of offer (DOCX - 775.26 KB)
Guidelines (PDF - 179.03 KB)
Guidelines (DOCX - 169.18 KB)
Market Information (PDF - 377.84 KB)
Market Information (DOCX - 1.1 MB)
Goulburn environmental water Management (PDF - 105.93 KB)
Goulburn environmental water Management (DOCX - 746.93 KB)
- Commonwealth water for the environment for sale in the Goulburn – media release, 27 August 2018
- Sale of Goulburn water allocation – media release, 21 September 2018
The Commonwealth Environmental Water Holder has completed two (2) trades, resulting in the sale of 6,700 megalitres (ML) of Commonwealth environmental water in the Gwydir for a return of $2,878,400 for the Murray Darling environment. The volume weighted average price (VWAP)1 of successful bids was $429.61 per ML. The last trade was registered on 18 January 2018.
More information
Gwydir Regulated Water Allocation Sale - Outcomes (PDF - 131.12 KB)
Gwydir Regulated Water Allocation Sale - Outcomes (DOCX - 747.45 KB)
Gwydir Regulated Water Allocation Sale - Market information (PDF - 163.6 KB)
Gwydir Regulated Water Allocation Sale - Market information (DOCX - 750.18 KB)
Gwydir Regulated Water Allocation Sale – Tender Outcomes Frequently Asked Questions (PDF - 145.61 KB)
Gwydir Regulated Water Allocation Sale – Tender Outcomes Frequently Asked Questions (DOCX - 793.66 KB)
- Commonwealth environmental water allocation for sale in the Gwydir – media release, 5 January 2018
- Sale of Gwydir water allocation provides win-win – media release, 17 January 2018
1 Volume weighted average price is the average price at which each ML was sold. To calculate VWAP, the total value of water traded ($) is divided by the total volume of water traded (ML).
The Commonwealth Environmental Water Holder has completed 44 trades, resulting in the sale of 22,864 megalitres (ML) of Commonwealth environmental water in the southern Murray Darling Basin for a return of $6,457,669 for the Murray Darling environment. The last trade was registered on 18 November 2015.
The parcel volume ranged from 30 ML – 5111 ML, with a median trade volume of 200 ML and a volume weighted average bid price of $282/ML. Information on price and volume traded as part of this sale is provided in the link below. A summary of market activity is also provided.
Bidder survey
Following the completion of the trade, 48 bidders provided valuable feedback on how well the tender was run and what could be done to improve future trades of Commonwealth environmental water. The results of the bidder survey can be found below.
More information
- Results of bidder survey on the sale of environmental water allocations in the Goulburn (PDF - 198.52 KB) | (DOCX - 1.04 MB)
- Goulburn regulated water allocation sale outcomes – November 2015 (PDF - 311.65 KB) | (DOCX - 750.34 KB)
- Southern Murray-Darling Basin market information (PDF - 380.26 KB) | (DOCX - 1020.98)
- Commonwealth environmental water for sale in Goulburn – media release, 23 October 2015
- Sale of Commonwealth environmental water from the Goulburn catchment benefits Victorian irrigators and the environment – media release, 18 November 2015
The Commonwealth Environmental Water Holder has completed 7 trades, resulting in the sale of 340 megalitres (ML) of Commonwealth environmental water in the Peel for a return of $32,580 for the Murray Darling environment.
State Water approved the last trade on 10 April 2014. The parcel volume ranged from 20 ML – 150 ML, with a median volume of 30 ML and a volume weighted average bid price of $95.82/ML. Information on price and volume traded as part of this sale is provided in the link below. A summary of market activity from 1 September 2013 through to 10 April 2014 is also provided.
More information
The Commonwealth Environmental Water Holder has completed 16 trades, resulting in the sale of 10 gigalitres of Commonwealth environmental water in the Gwydir for a return of $3.217 million for the Murray Darling environment.
State Water approved the last trade on 4 February 2014. The parcel volume ranged from 250 ML – 1,500 ML, with a median volume of 500 ML and a volume weighted average bid price of $321.74/ML. Information on price and volume traded as part of this sale is provided in the link below. A summary of market activity from 1 September 2009 through 5 February 2014 is also provided.
More information
- Outcomes of Gwydir Trade – January 2014 (PDF - 309.4 KB) | (DOCX - 29.58 KB)
- Gwydir Market Information (PDF - 598.87 KB) | (DOCX - 58.92 KB)
- Commonwealth Environmental Water Holder water sale in Gwydir - media release
- Commonwealth Environmental Water Holder to sell water in the Gwydir - media release