Waterfind today released Australia’s first online water trading market for the Western Mount Lofty Ranges. Irrigators are now able to trade groundwater in defined regions within a prescribed area from Gawler down to Cape Jervis (see images). The ability to trade groundwater in this region provides irrigators with an opportunity to alleviate the impact of the NRM water levy, which is charged at $6 per megalitre of allocation.
Waterfind CEO Alister Walsh said, “As part of our commitment to growers across South Australia, we’re pleased to introduce additional opportunities to manage water resources”. This extensive groundwater resource network enables growers across the 2,750km2 area to better manage their water resource and potentially increase efficiencies within their growing program.
While a water allocation plan for this area was adopted on 17 September 2013, the finalisation of issuing water licences restricted trading in this region until recently.
“We have spent the last 6 months opening up The Western Mount Lofty Ranges, which includes 1,400 licences that run from Gawler in the north all the way down to Cape Jervis”, explains Walsh.
This newly expanded market creates access to 51 gigalitres of both temporary and permenant water opportunities across 45 management zones. Waterfind’s highly awarded online trading platform incorporates all current water trading rules associated with the region and is supported by Waterfind’s experienced brokers to simplify the trading process.
Walsh goes on to state, “Whilst there has been limited trading, Waterfind’s online market will provide complete transparency and a fair price indication for customers who trade water in this region”.
Visit waterfind.com.au and sign up for a free account to access the online trading platform or freecall Waterfind on 1800 890 285.
Waterfind is a pioneer in the water market industry. The company has a strong focus on innovation and quality systems, which underpin their highly personalized service offering.
Established in 2003, Waterfind developed a quality endorsed water market system that expanded from a local focus on water supply and demand, to a national market that covers key agricultural industries and investors. At present, Waterfind facilitates the buying and selling of both permanent and temporary water across the major irrigation regions of NSW, QLD, SA and VIC.
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