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Water Auctions

Water auctions are becoming more common across Southern Rural Water and can be a good way to gain access to extra water either for production or security.

 

Latrobe River Blue Rock drought reserve online auction

As part of the Gippsland Sustainable Water Strategy, a volume of water in the Blue Rock Reservoir has been put aside for temporary allocation under the drought reserve. This water is now available to be sold to licensed irrigators on the Latrobe River, downstream of Blue Rock Reservoir, for use to the end of this season 30 June 2019.

This temporary water will put up for auction on Southern Rural Water’s (SRW’s) online auction site WaterBid. Eligible customers must be registered on WaterBid to place bids. To be eligible, you must hold a current Section 51 Irrigation Licence on the Latrobe River downstream of Blue Rock Reservoir.

A minimum of 425 megalitres in multiple lots and will be available for auction from 11 am on Monday 25 February 2019 with the auctions ending from 11 am Wednesday 27 February 2019.

To bid on the online auction, you must complete the “Expressions of Interest” application form. This form can be downloaded (below) and must be received before 4 pm on Friday 23 February 2019 by mail or email.

Expression of interest form

Fact Sheet – Temporary water for sale on the Latrobe

 

Opportunities to access water entitlement in the Southern Rural Water area

 There are a range of opportunities to access water for development with the SRW area. The below maps and Water Sales Strategy summarise some of the main opportunities.

These are areas where the boundary of the groundwater system (or surface water system) has been defined and a cap has been placed on the level of entitlement. New entitlement is available where the current licence volume is lower than the cap. The preferred government policy is to release this water via a sales process, to ensure equity. This is usually preceded by an expression of interest process. Below (‘Water Sales Map 2018 19’) shows the location and volume of planned sales of groundwater and surface water entitlement for 2018-19.

Note that the proposed Moe GMU sales process will exclude the Shady Creek zone, which is in a restricted area. There are additional potential areas where future sales of entitlement may occur (after June 2019). Some of these areas are shown on the attached map ‘Future Potential Water Sales’.

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