Welcome to the Elders Water Market Update for the 2024/25 season, for the week beginning 21 July 2025.

Impacts of the Water Amendment on Regional Communities Hearings
The Legislative Assembly Committee on Investment, Industry and Regional Developments rescheduled hearings on the Impacts of the Water Amendment (Restoring Our Rivers) Act 2023 on NSW regional communities have been rescheduled to:
- Wednesday 23 July for Griffith (at the Burley Griffin Room, Griffith Regional Theatre from 8:45am). Read the Griffith schedule
- Tuesday 22 July for Deniliquin (at the Deniliquin Town Hall from 10:00 am). Read the Deniliquin schedule.
Allocations
Allocations are as follows:
Zone | Allocation | 1 year ago | +/- per cent |
Murrumbidgee | |||
High Security | 95 pc | 95 pc | Same |
General Security | 9 pc | 33 pc | - 24 pc |
NSW Murray (Zones 10 & 11) | |||
High Security | 97 pc | 97 pc | Same |
General Security | 1 pc | 42 pc | -41 pc |
Lachlan | |||
High Security | 100 pc | 100 pc | Same |
General Security | 3 pc | 8 pc | - 5 pc |
Vic Murray (Zones 6 & 7) | |||
High Reliability | 40 pc | 68 pc | -28 pc |
Low Reliability | 0 pc | 0 pc | Same |
SA Murray | 100 pc | 100 pc | Same |
Murrumbidgee Deep Groundwater | 100 pc | 100 pc | Same |
Lower Murray Deep Groundwater | 100 pc | 100 pc | Same |
Lower Lachlan Groundwater | 100 pc | 100 pc | Same |
Trade Restrictions
MURRUMBIDGEE/MURRAY IVT
Is currently open for Murrumbidgee to Murray but closed for Murray to Murrumbidgee trade, with balances as follows:
- Murray to Murrumbidgee – 1.3GL
- Murrumbidgee to Murray – 98.7GL
BARMAH CHOKE is closed.
Storages
According to the Bureau of Meterorology (BOM), storage levels are currently as follows:
As at 9am | Current | 1 Day | 7 Days | 30 Days | 1 Year | |
Murrumbidgee | 21 July 25 | 50.1 pc | NIL | +1.0 pc | +4.1 pc | - 26.1 pc |
Blowering | 19 July 25 | 51.0 pc | +0.02 pc | +1.4 pc | +3.5 pc | - 24.5 pc |
Burrinjuck | 17 July 25 | 48.6 pc | NIL | + 1.0 pc | +5.1 pc | - 28.0 pc |
Murray | 21 July 25 | 55.2 pc | NIL | + 0.4 pc | + 2.6 pc | - 27.4 pc |
Hume | 19 July 25 | 42.0 pc | +0.2 pc | + 1.6 pc | +7.9 pc | - 27.2 pc |
Dartmouth | 20 July 25 | 66.0 pc | NIL | - 0.1 pc | - 1.4 pc | - 28.5 pc |
Lachlan | 21 July 25 | 82.9 pc | NIL | + 0.3 pc | +3.3 pc | - 8.7 pc |
Wyangala | 19 July 25 | 82.5 pc | NIL | + 0.6 pc | +3.3 pc | -8.9 pc |
Current Temporary Market
Indicative pricing is as follows:
Zone | Buyers | Sellers | Last trade | Trend |
Murrumbidgee | $300 | $300 | $300 | Up |
NSW Murray 10 (Above Choke) | $250 | $250 | $250 | Up |
NSW Murray 11 (Below Choke) | $300 | $300 | $300 | Up |
Vic Murray 6 (Above Choke) | $250 | $250 | $260 | Up |
Vic Murray 7 (Above Choke) | $300 | $300 | $300 | Up |
SA Murray | $300 | $300 | $300 | Up |
Lachlan | $130 | $130 | $130 | Up |
Murrumbidgee Deep Aquifer Zone 1 | - | - | - | - |
Murrumbidgee Deep Aquifer Zone 2 | $200 | $200 | $200 | - |
Murrumbidgee Deep Aquifer Zone 3 | - | $150 | $150 | - |
Lower Murray Groundwater | - | - | - | - |
Lower Lachlan Groundwater | - | - | - | - |
Current Permanent Market
Indicative pricing is as follows:
Zone | Price per mL |
Murrumbidgee | |
High Security | $8,500 to $8,700 |
General Security | $2,600 to $2,700 |
Supplementary | $800 to $850 |
NSW Murray Above Choke (Zone 10) | |
High Security | $7,500 to $7,600 |
General Security | $1,600 to $1,700 |
NSW Murray Below Choke (Zone 11) | |
High Security | $8,550 to $8,650 |
General Security | $2,500 to $2,600 |
VIC Murray Above Choke (Zone 6) | |
High Reliability | $4,150 to $4,250 |
Low Reliability | $1,000 to $1,150 |
VIC Murray Below Choke (Zone 7) | |
High Reliability | $7,200 to $7,300 |
Low Reliability | $2,000 to $2,200 |
SA Murray Class 3 | $7,250 to $7,350 |
Murrumbidgee Deep Aquifer (zone dependent) | $3,800 to $4,200 |
Lachlan (Upper & Lower) | |
General Security | $1,700 to $1,800 |
High Security | $4,500 to $4,550 |
Lower Murray Deep Groundwater | $2,700 to $2,800 |
Lower Lachlan Groundwater | $3,500 to $4,000 |
Seasonal Outlook
The BOM released an updated outlook on 17 July. In summary, the long-range forecast for August to October shows:
- Rainfall is likely to be above average for most of the eastern two-thirds of Australia, with roughly equal chances of being above, below or near-average for much of Western Australia and Tasmania.
- Warmer than average days are likely across northern, western and south-eastern Australia, with an increased chance of unusually high daytime temperatures in parts of far northern Australia and Tasmania.
- Warmer than average nights are likely to very likely across Australia, with an increased chance of unusually high overnight temperatures.
Disclaimer – important, please read:
The information contained in this article is given for general information purposes only, current at the time of first publication, and does not constitute professional advice. The article has been independently created by a human author using some degree of creativity through consultation with various third-party sources. Third party information has been sourced from means which Elders consider to be reliable. However, Elders has not independently verified the information and cannot guarantee its accuracy. Links or references to third party sources are provided for convenience only and do not constitute endorsement of material by third parties or any associated product or service offering. While Elders has exercised reasonable care, skill and diligence in preparation of this article, many factors including environmental/seasonal factors and market conditions can impact its accuracy and currency. The information should not be relied upon under any circumstances and, to the extent permitted by law, Elders disclaim liability for any loss or damage arising out of any reliance upon the information contained in this article. If you would like to speak to someone for tailored advice specific to your circumstances relating to any of the matters referred to in this article, please contact Elders.
Meet the author
