Prices of offers accepted in open water purchase tenders

​​The average prices of offers accepted from water purchasing initiatives through the Commonwealth’s water purchasing programme since January 2010 are reported below. These prices have been publicly released to provide greater transparency and to assist water entitlement owners who may be considering submitting a sell offer in future water purchasing initiatives. Where only a very small number of offers are received through a tender, the average price may not be published to protect the privacy of the seller.

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Queensland Upper Condamine Alluvium Groundwater Purchase Tender - November 2015 – February 2016

Average price of offers accepted from the November 2015 – February 2016 Queensland Upper Condamine Alluvium groundwater tender
CatchmentEntitlement classAverage price of offers accepted ($/ML)
Upper Condamine Alluvium, QLDGroundwater$1,736.13

Note: the UCA comprises the Central Condamine Alluvium and its Tributaries (Dalrymple Creek and Oakey Creek).

New South Wales Barwon-Darling Tender - June–July 2015

Average price of offers accepted from the June–July 2015 NSW Barwon–Darling water tender
CatchmentEntitlement classAverage price of offers accepted ($/ML)
Barwon-Darling Unregulated, NSWClass B$1,009.24

Queensland Upper Condamine Alluvium groundwater tenders 2014

The Queensland Upper Condamine Alluvium Groundwater Tenders that closed on 7 March 2014, 11 April and 14 August 2014 attracted a high level of interest from licence holders. However, none of the offers received met the value for money requirements of the department. As such no offers were accepted from these rounds of purchasing.

Southern Murray–Darling Basin tenders 2013–14

Strategic Water Purchase Initiative in Victoria

Average price of offers accepted from round two of the Strategic Water Purchase Initiative in Victoria, by catchment
CatchmentEntitlement classAverage price of offers accepted ($/ML)
Goulburn, VICHigh reliability$1 600.00
Goulburn, VICLow reliability$150.00

Water purchase tender in southern New South Wales

A tender for the purchase of water entitlements in the New South Wales catchments of Murray and Lower Darling closed on 28 April 2014. On this occasion none of the offers received met the value for money requirements of the department. As such no offers were accepted from this round of purchasing.

Average price of offers accepted from the August 2013 Southern NSW water purchase tender, by catchment
CatchmentEntitlement classAverage price of offers accepted ($/ML)
Murray (below Choke), NSWHigh security$1 710.00
Murray (below Choke), NSWGeneral security$805.00

Southern Murray–Darling Basin Tenders 2012–13

Strategic Water Purchase Initiative in Victoria

Average price of offers accepted from round one of the Strategic Water Purchase Initiative in Victoria, by catchment
CatchmentEntitlement classAverage price of offers accepted ($/ML)
Murray (above Choke), VICHigh reliability$1 464.29
Goulburn, VICHigh reliability$1 573.75
Goulburn, VICLow reliability$100.00

Water purchase tender in southern New South Wales

Average price of offers accepted from the May 2013 Southern NSW water purchase tender, by catchment
CatchmentEntitlement classAverage price of offers accepted ($/ML)
Murray (above Choke), NSWGeneral security$665.00
Murray (below Choke), NSWHigh security$1 730.56
Murray (below Choke), NSWGeneral security$822.09
Murrumbidgee, NSWHigh security$1 723.50
Murrumbidgee, NSWGeneral security$838.61
Lower Darling, NSWHigh security$1 716.50
Lower Darling, NSWGeneral security$827.00

Queensland Lower Balonne tenders 2012–14

For Queensland Lower Balonne tenders, each sell offer is assessed individually with reference to the expected environmental outcomes, the estimated market value of the entitlement and other factors including ongoing management issues and risks.

Average price of offers accepted from April 2013 and March 2014 Queensland Lower Balonne tenders (including overland flow licences)
Catchment Entitlement classAverage price of offers accepted
($/ML nominal volume)
Lower Balonne, QLDUnsupplemented$1 500.00
Lower Balonne, QLDOverland Flow$1 150.00

Average price of offers accepted from February 2013 Queensland Lower Balonne tender
Catchment Entitlement classAverage price of offers accepted
($/ML nominal volume)
Lower Balonne, QLDUnsupplemented$1 750.00

Average price of offers accepted from November 2012 Queensland Lower Balonne tender
Catchment Entitlement classAverage price of offers accepted
($/ML nominal volume)
Lower Balonne, QLDUnsupplemented$1 795.00

Northern Basin tenders 2010–11

Average price of offers accepted from November 2011 Queensland Lower Balonne tender
Catchment Entitlement classAverage price of offers accepted
($/ML nominal volume)
Lower Balonne, QLDUnsupplemented$1 650.00

Average price of offers accepted from October 2011 NSW Namoi and Queensland and NSW Border Rivers tender
Catchment Entitlement classAverage price of offers accepted
($/ML nominal volume)
Border Rivers, QLDUnsupplemented$1 500.00

Average price of offers accepted from September 2011 Queensland Lower Balonne tender
Catchment Entitlement classAverage price of offers accepted
($/ML nominal volume)
Lower Balonne, QLDUnsupplemented$1 500.00

Average price of offers accepted from March 2011 Queensland Lower Balonne tender
Catchment Entitlement classAverage price of offers accepted
($/ML nominal volume)
Lower Balonne, QLDUnsupplemented$1 470.00

Average price of offers accepted from November 2010 Queensland Lower Balonne tender
Catchment Entitlement classAverage price of offers accepted
($/ML nominal volume)
Lower Balonne, QLDUnsupplemented$1 433.33

Average price of offers accepted from May 2010 Lower Balonne tender
Catchment Entitlement classAverage price of offers accepted
($/ML nominal volume)
Lower Balonne, QLDUnsupplemented$1 433.30

Southern Murray–Darling Basin Tenders 2010–2012

Average price of offers accepted from the April 2012 Targeted Water Purchasing Initiative in the southern Murray-Darling Basin, by catchment
Catchment Entitlement classAverage price of offers accepted ($/ML)
Goulburn, VICHigh reliability$1 718.00
Loddon, VICHigh reliability$1 452.00
Murray River, SAClass 1, 3a, 3b$1 670.00
Murray (above Choke), NSWGeneral security$710.00
Murray (below Choke), NSWHigh security$1 746.00
Murray (below Choke), NSWGeneral security$792.00
Murray (above Choke), VICHigh reliability$1 554.00
Murray (below Choke), VICHigh reliability$1 707.00
Murrumbidgee, NSWHigh security$1 663.00
Murrumbidgee, NSWGeneral security$833.00

Average price of offers accepted from the June 2011 Southern Connected System tender, by catchment
Catchment Entitlement classAverage price of offers accepted ($/ML)
Campaspe, VICHigh reliability$1 600.00
Loddon, VICHigh reliability$1 520.00
Goulburn, VICHigh reliability$1,868.00
Murray (above Choke), VICHigh reliability$1 631.00
Murray (below Choke), VICHigh reliability$1 839.00
Murray River, SAClass 1, 3A, 3B$1 857.00

Average price of offers accepted from the May 2011 Southern Connected System tender, by catchment
Catchment Entitlement classAverage price of offers accepted ($/ML)
Campaspe, VICHigh reliability$1 533.00
Loddon, VICHigh reliability$1 560.00
Goulburn, VICHigh reliability$1 879.00
Murray (above Choke), VICHigh reliability$1 661.00
Murray (below Choke), VICHigh reliability$1 856.00
Murray River, SAClass 1, 3A, 3B$1 849.00

Average price of offers accepted from the March 2011 Southern Connected System tender, by catchment
Catchment Entitlement classAverage price of offers accepted ($/ML)
Campaspe, VICHigh reliability$1 500.00
Loddon, VICHigh reliability$1 563.00
Goulburn, VICHigh reliability$1 833.00
Murray (above Choke), VICHigh reliability$1 662.00
Murray (below Choke), VICHigh reliability$1 846.00
Murray River, SAClass 1, 3A, 3B$1 867.00

Average price of offers accepted from the February 2011 Southern Connected System tender, by catchment
Catchment Entitlement classAverage price of offers accepted ($/ML)
Loddon, VICHigh reliability$1 500.00
Goulburn, VICHigh reliability$1 782.00
Murray (above Choke), VICHigh reliability$1 613.00
Murray (below Choke), VICHigh reliability$1 821.00
Murrumbidgee, NSWGeneral security$888.00
Murray (above Choke), NSWGeneral security$790.00
Murray (below Choke), NSWGeneral security$897.00
Murray River, SAClass 1, 3A, 3B$1 825.00

Average price of offers accepted from the November 2010 Southern Connected System tender, by catchment
CatchmentEntitlement classAverage price of offers accepted ($/ML)
Loddon, VICHigh reliability$1 500.00
Goulburn, VICHigh reliability$1 860.00
Murray (above Choke), VICHigh reliability$1 643.00
Murray (below Choke), VICHigh reliability$1 833.00
Murrumbidgee, NSWGeneral security$927.00
Murray (above Choke), NSWGeneral security$832.00
Murray (below Choke), NSWGeneral security$915.00
Murray (below Choke), NSWHigh security$2 072.00
Murray River, SAClass 1, 3A, 3B$1 814.00

Average price of offers accepted from the May 2010 Southern Connected System tender, by catchment
Catchment Entitlement classAverage price of offers accepted ($/ML)
Campaspe, VICHigh reliability$1 740.00
Goulburn, VICHigh reliability$1 862.00
Loddon, VICHigh reliability$1 636.00
Murray (below Choke), VICHigh reliability$1 824.00
Murray (above Choke), VICHigh reliability$1 613.00
Murray River, SAHigh reliability$1 841.00

Average price of offers accepted from the March 2010 Southern Connected System tender, by catchment
Catchment Entitlement classAverage price of offers accepted ($/ML)
Goulburn, VICHigh reliability$1 953.00
Murray (below Choke), VICHigh reliability$1 957.00
Murray (above Choke), VICHigh reliability$1 700.00
Lower Darling, NSWGeneral security$949.00
Murrumbidgee, NSWGeneral security$861.00
Murray (below Choke), NSWGeneral security$926.00
Murray (below Choke), NSWHigh security$2 050.00
Murray (above Choke), NSWGeneral security$796.00
Murray River, SAHigh reliability$1 930.00

Average price of offers accepted from the January 2010 Southern Connected System tender, by catchment
Catchment Entitlement classAverage price of offers accepted ($/ML)
Goulburn, VICHigh reliability$2 054.00
Murray (below Choke), VICHigh reliability$2 072.00
Murray (above Choke), VICHigh reliability$1 795.00
Murrumbidgee, NSWGeneral security$930.00
Murray (below Choke), NSWGeneral security$967.00
Murray (above Choke), NSWGeneral security$870.00
Murray River, SAHigh reliability (Class 3A)$2 047.00
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