Where is water market heading in long-term?

The second webinar in the Agriculture Victoria irrigation series called ‘Where is the water market heading in the long-term?’ will be run on 28 January, from 1pm to 2pm.

Agriculture Victoria Senior Irrigation Extension Officer Rob O’Connor said the webinar has been designed primarily for irrigators, but also for service providers who assist irrigators with their water trading decision making.

‘The content is based largely on irrigator feedback, who have said they would like to know what the water market is likely to do in the future so they can make better farm business decisions now.

‘The webinar will provide estimates of future southern Murray-Darling Basin water allocation prices, based on expert insights and detailed modelling of the key drivers of the water market,’ he said.

Mr O’Connor said information will be presented to assist irrigators to better prepare their farm businesses for the future.

Key drivers of the water market and future scenarios will be discussed, including:

  • Climate change and its impact on irrigation water availability
  • Changing land and water use in the connected Basin, including horticultural expansion
  • The Commonwealth water buyback
  • Inter-Valley Trade Limits.

Expert speakers include Chris Olszak, Founding Director of Aither and Erin Smith, Principal Consultant at Aither.

Aither recently produced a detailed report titled ‘Southern Murray-Darling Basin Water Market – Recent and Future Trends and Drivers,’ for the Department of Environment, Land, Water and Planning (DELWP). Some of the findings from this report will be discussed in the webinar.

To attend the webinar register on zoom.

After registering, you will receive a confirmation email containing important information about joining the webinar.

Webinars will be held monthly from January onwards.

The initial focus of the series looks at water trade. The next will be held in late February on the topic of understanding and managing water price variability on farm.

This webinar is brought to you by the Sustainable Irrigation Program, a partnership between Agriculture Victoria, Catchment Management Authorities, DELWP and Rural Water Corporations.

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