With dry conditions and high demand for water, Southern Rural Water is expecting strong interest in its auction of permanent water shares in the Macalister Irrigation District on Tuesday 19 February, at the Maffra SRW Office.
These water shares have been made available through savings from automation works.
“This is a good opportunity for farmers to think about how to provide security during dry times,” said Gavin Prior, Acting Manager Water Supply East.
A total of 269 ML of high reliability and low reliability shares (bundled together) will go under the hammer.
Potential buyers must register by 4pm on Monday 18 February to be able to bid for water. Registration forms can be downloaded from the SRW website or collected from reception. There is no charge to register and no obligation to bid.
“Buyers will be able to use the allocation that comes with purchased water shares – currently 100% high reliability and 35% low reliability – immediately after final payment is made.”
Mr Prior also reminded potential buyers to check their annual use limit beforehand, as extra allocation may push their property over the allowable annual volume.
“You can check your annual use limits via your online water statement or by phoning our planners,” he said.
The auction will take place at the Maffra SRW office at 11am and potential bidders must bring their confirmation letter or email from 10 am, to collect their bidding card.
Any water unsold after the auction will be offered at a shelf price which will be set at the highest price paid on auction day.