New water trade dashboards help license holders
New water trade dashboards, produced by the Department for Environment and Water (DEW), provide better information about the trading of water allocations and entitlements relevant to the South Australian River Murray Trading Zone.
DEW Principal Policy Officer Dr Ashley Kingsborough said the dashboards have been designed to help South Australian irrigators better understand the dynamics of the water market and inform water trading decisions.
“The information we’ve made available includes price data, volumes traded and the number of trades each month as well as graphs that plot average prices through time” Dr Kingsborough said.
“Having the data more easily accessible is another step in the State Government’s commitment to ensuring people in the community who rely on the River Murray have access to timely information about water allocations.
“The dashboard is updated daily and will be an especially valuable resource for people planning ahead, given the current dry conditions”
Barmera wine grape growers Ashley and Natasha Chabrel said the dashboards were helpful in their decision-making around water trade.
“We were trying to build our own tools to better inform our water trade decisions, but now the water trade dashboards provide the information we need to help keep track of the trading value of South Australian River Murray water allocations and entitlements,” Mr Chabrel said.
“They help us make better, more informed decisions when trading our allocations.”
The water trade dashboards, and more information about water markets and trade, can be accessed here.