Water Allocation Trading – End of Season
Customers are reminded that any transfers of allocation for this season need to be finalised and all fees/forms received at WMI no later than 10am on Thursday 27 June 2019.
Trades to or from Victoria need to be lodged no later than 10am on Friday 21 June 2019. Most water brokers are closing their trades on 20 June 2019.
Please note that WMI has serveral customers with excess water to trade internally.
Any customers needing to top up allocation to the end of the season are encouraged to contact the WMI office on 5027 4953 prior to Monday 17 June 2019 to take advantage of these internal transfers and thus reducing the costs involved.
Customers are strongly encouraged to undertake their own individual trade up to the WMI cut-off date of 10am on Thursday 27 June 2019 to maximise returns. The change of WaterNSW policy is very restrictive – allowing less than two days for WMI to calculate any surplus allocation remaining in customer accounts and completing a successful water trade. WMI will however endeavour to trade any surplus allocation remaining after 10am on 27 June 2019 if economical and practical to do so with acquittal into eligible customer accounts in accordance with the model implemented in the previous seasons.