Current determination

Tuesday 2 April, 2024

Final Seasonal Determination update for 2023/24

The Resource Manager for northern Victoria today announced the final 2023/24 seasonal determinations.

Seasonal determinations in all systems remain unchanged.

Resource Manager Mark Bailey said dry conditions meant there was no additional water to allocate in the Goulburn and Loddon systems.

“With little rainfall since the last assessment, flows into the Goulburn system have been close to our estimates,” he said.

“This means increases in the seasonal determinations for the Goulburn and Loddon systems are not possible.

“With this being the final seasonal determination update for 2023/24, any further resource improvements in the remaining months of this year will contribute to water availability in 2024/25.”

The seasonal determinations for northern Victorian water systems on Tuesday 2 April are:

Water System High-Reliability Water Share Low-Reliability Water Share
Murray 100% 100%
Broken 100% 100%
Goulburn 100% 77%
Campaspe 100% 100%
Loddon 100% 77%
Bullarook 100% 100%

Trading Opportunities

Allocation trade from New South Wales to Victoria is limited to the lesser of a net annual volume of 200 GL or a volume that keeps the risk of spill in the Victoria’s share of both Hume and Dartmouth reservoirs below 50 per cent. The 200 GL of net trade from New South Wales to Victoria remains available. The volume available for trade is updated with each risk of spill announcement. 

Customers participating in the water trading market can monitor trade availability on the Victorian Water Register website

The Murray-Darling Basin Authority (MDBA) has announced that trading of water allocations from above the Barmah Choke to downstream of the Choke is restricted to protect the delivery of downstream water entitlements. Customers can monitor trading opportunities across the Barmah Choke on the MDBA website

More information about opening Barmah Choke trade opportunities on 1 July 2024 is available on the Victorian Water Register website

Upcoming Resource Manager Announcements

  • The risk of spill in the Goulburn and Campaspe systems will be updated on Wednesday 10 April 2024.