Final seasonal determination update for 2023-24

“With little rainfall since the last assessment, flows into the Goulburn system have been close to our estimates,” Dr Bailey said.

“This means increases in the seasonal determinations for the Goulburn and Loddon systems are not possible.

“With this being the final seasonal determination update for 2023-24, any further resource improvements in the remaining months of this year will contribute to water availability in 2024-25.”

The seasonal determinations for northern Victorian water systems announced on Tuesday, April 2 are: Victorian Murray, 100 per cent for both high-reliability water shares and low-reliability water shares; Goulburn, 100 per cent HRWS and 77 per cent LRWS; Broken, 100 per cent for both HRWS and LRWS; Campaspe, 100 per cent for both HRWS and LRWS; Loddon, 100 per cent HRWS and 77 per cent LRWS; and Bullarook Creek, 100 per cent for both HRWS and LRWS.

Trading opportunities

Allocation trade from NSW 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 Victoria’s share of both Hume and Dartmouth reservoirs below 50 per cent.

The 200 Gl of net trade from NSW to Victoria remains available. The volume available for trade is updated with each risk of spill announcement.

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

The Murray-Darling Basin Authority has announced that 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 MDBA website.

More information about opening Barmah Choke trade opportunities on July 1 is available on the Victorian Water Register website.

The risk of spill in the Goulburn and Campaspe systems will be updated on Wednesday, April 10.