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Trading Zone Profile
190 Kiewa Catchment Unregulated
Contents
Map
Zone Boundary
Streamflow Management Plan
Zone Rules
Exchange Rates
Products
Watermove Trading Opportunities
General Trading Rules
Entitlement
Trading History by Year

Map of Northern Victorian Unregulated Trading Zones


Cartography by the Customised Mapping Unit, Land Information Group, Land Victoria, DNRE, 2002.

Zone Boundary 

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  • All tributary streams of the Kiewa River and the Kiewa River upstream of the pondage at Mt Beauty, including the pondage. 

Streamflow Management Plan

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A Streamflow Management Plan (SFMP) has been drafted for the Kiewa River.  The plan is outlined in the report of February 2002 prepared by the Kiewa River SFMP Consultative Committee.  The rules set out below will apply until the SFMP for the Kiewa River is approved.

Zone Rules 

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Can sell to:
Zone  Description  Exchange Rate
190 Kiewa Catchment Unregulated 1.00
6 Vic Murray Dartmouth to Barmah (Entitlement / Water Share only) #   0.81

# Traders will be able to sell to zone 6 up to the volume that has previously been traded in from this zone.

Can buy from:
Zone  Description  Exchange Rate
190 Kiewa Catchment Unregulated 1.00
191 Kiewa Main Stem 1.00
6 Vic Murray Dartmouth to Barmah (Entitlement / Water Share only) **  1.19

**

Trade of Water Share from a Regulated zone to an Unregulated zone will only be transferred as a 'Winter-fill licence', and the licence will not be operative until the next 1 July.

Exchange Rates 

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  • All trade to or from zone 190 will occur at an exchange rate of 1.00 with the exception of trade with zone 6.
  • If water is sold from zone 190 to zone 6, the buyer will receive 0.81 ML for every 1.00 ML sold from zone 190.
  • If water is purchased from zone 6 and transferred to zone 190, the buyer will receive 1.19 ML for every 1.00 ML sold from zone 6.

Products 

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Product    Tenure    Estimated reliability    Tradability
Surface Water Licence Annual    Dependent on stream flow    Permanent Water and Temporary Water
Surface Water Licence (Winter-fill) Annual   Dependent on stream flow Permanent Water
Surface Water Licence (Farm Dam) Annual   Dependent on catchment yield Permanent Water

Water Share trades of Winter-fill Licenses are subject to the following conditions:

  • On-stream storage: During the period 1 November to 31 May, the entire streamflow must be passed downstream of the Licensees storage.
  • Off-stream storage: Water may only be taken from the waterway to the offstream storage during the period 1 July to 31 October.

Watermove Trading Opportunities 

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Watermove can conduct trading of Permanent Water in this zone.

General Trading Rules 

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  • All offers to buy Permanent or Temporary Water in this zone will be subject to the waterway's ability to supply, assessment of environmental impact and the Guidelines for Irrigation Development.
  • Permanent and Temporary trades of Surface Water Licenses must be downstream and the buyer will receive 80% of the volume transferred.
  • Sellers whose use is not metered will not be able to sell in the current season if any water is used for irrigation in the current season. 
  • All trades are subject to Watermove terms and conditions and approval by the relevant water authority.

Entitlement 

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Total tradable entitlement for the Kiewa Catchment Unregulated zone as at the 30 June 2007 will be updated as soon it is available.

Trading History By Year

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Permanent Trade
Year    Purchased (ML)   

Sold (ML)   

Net (ML)
2000/01   

198.0

138.0

60.0
2001/02   

  71.0

71.0 0.0
2002/03   

0.0

0.0 0.0
2003/04   

4.0

2.0 2.0
2004/05   

32.0

32.0 0.0
2005/06   

0.0

0.0 0.0
2006/07   

28.3

 0.0  28.3

Temporary Trade
Year    Purchased (ML)    Sold (ML)    Net (ML)
2000/01   

422.0

422.0

0.0

2001/02   

 505.0

505.0

0.0

2002/03   

82.0

122.0 -40.0
2003/04   

0.0

0.0 0.0
2004/05   

0.0

0.0 0.0
2005/06   

62.0

62.0 0.0
2006/07   

62.0

 0.0  0.0

Trading history includes all trades made via private trades, water brokers and water exchanges.  Trading history for Watermove trading for the current year can be viewed at Price History for Trading Zone