The rules and restrictions that govern water trading are established through a variety of administrative instruments at the national and state/territory level. Rules and restrictions are also established through irrigation infrastructure operator (IIO) policies and procedures.
This section outlines the National rules and State/territory rules in place for water trading in Australia. See the trading restrictions quick reference table for a summary of key water trading restrictions in operation across Australia.
The Murray-Darling Basin Plan
Rules for water trading in the Murray-Darling Basin are currently being reviewed as part of the Murray-Darling Basin Plan development. The ACCC provided advice on the development of the water trading rules to the Murray-Darling Basin Authority in October 2010. The advice proposes a wide range of measures which aim to remove barriers to trade and provide greater clarity around ownership of water rights in the Murray-Darling Basin. The advice is publically available on the ACCC’s website .
For further details on development of the Murray-Darling Basin Plan, see the Murray-Darling Basin Authority's website .