Percat Water specialise in buying and leasing water licences in both the rural and urban environment
Norwood South Australia
Joined June 2010
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Should irrigators receive govt support? Policy makers are questioning how much money will go to the States for water projects.
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About 60% more water needs to be found for environment in the Murray-Darling Basin. Engineering works may not recover the amount needed
Vic high reliability water licences are likely to receive 100% of their allocations by 17 Feb 2014. SA growers are likely to be the same
Most water trading involves the buying and selling of irrigation water. Other classes of water exist e.g. industrial water & can be traded.
Water to the value of $1.6 billion was traded during 2011-12. This is a slight increase from previous year.
4,297 GL of water was traded on the allocation (temporary) market in 2011-12. This amount of water would fill 8 Sydney Harbours.
Nationally, the entitlement trade volume increased by 19% between 2010–11 and 2011–12, from 1204 GL to 1437 GL.
Legislative and administrative arrangements are in place to facilitate trade in every state and territory. NSW is the largest water trader
71,796 GL of water was extracted from the environment during 2010-11 and used within the Aust economy. Agriculture was largest user
MDB water plan in trouble as NSW and Vic imposes restrictions on the purchase of environmental water. Contact 1300 737 228 for more info.
Rice production in Australia likely to be highest for 6 years as water use by Murrumbidgee Irrigation is highest since 2005-06
$240 million is available to SA irrigators who want to continue to grow food and fibre. Program to start later this year.
Money to irrigators opens mid 2013. Get our free weekly report on market info, prices and storages for more information
SA water regulator issues draft determination to reduce utility water prices after 3 years of double digit increases in price of water
SA irrigators have been allocation $60 million per annum to improve infrastructure, expand, repay debt and return water to environment
World head of Coca Cola wants his corporation to be water neutral by 2020, as big water users address coporate social responsibility issues
We have provided consulting services to Goldman Sachs (Asia), Bank of America Merrill Lynch, Rural Bank, Dairy Australia, and Origin Energy.
Water prices remain volatile and are trading over a wide price range for both allocation and permanent water.
The prices paid for temporary is trending higher as growers use more water due to several dry months and expanding annual production.