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End of 2025/26 Season Trading Date – 4pm 16 June 2026 

End of season transfer and trade close

WaterNSW in collaboration with NSW Department of Climate Change, Energy, the Environment and Water have reviewed the end of water year operations and concluded that an earlier submission cut-off date for temporary trade application is necessary, with the last day to submit temporary trade applications for the current water year will be 10 business days before the end of the water year, being 16 June – link to WaterNSW closure dates here.    

Therefore, CICL will close all trades and transfers at 4pm 16 June 2026 to ensure trades are approved and lodged with WaterNSW for approval before their end of water year cut-off. CICL trading forms are available on the CICL Website here.  

 

Carryover into 2026/27 water season – The carryover provisions in the Water Sharing Plan for the Murrumbidgee Regulated Water Source apply to CICL water entitlements. This means:

  • A volume of up to 30 percent of general security water entitlements can be carried over from 2025/26 to 2026/27.

  • Carryover is not available on High Security or G class water entitlements.

  • The maximum account limit on general security water entitlements in 2026/27 including carryover and the announced allocation is 100 percent.

 

End of Season Balancing of SFU’s 

Single Farming Unit Balancing also close 4pm 16 June 2026

Prior to the end of the water season, SFU’s are required to balance annual allocation remaining within the SFU to cover any negative individual farm water allocation accounts.  You may also wish to optimize carryover options with end of water season balancing. 

This year End of Season SFU transfers will be completed using a new Form and not the internal transfer form – the Form is on our website here.  

As well as a new form, the other change is that our staff are unable to complete any internal, external or End of Season SFU balancing for you.   Therese and Genevieve can provide general assistance only, including showing you how to access forms and confirm the end of season closing dates. However they are no longer allowed to assist you in calculating your end of season SFU balancing and are unable to complete a trading related form for you to sign.    

 

Customer temporary trade application obligations 

REMINDER 

From 1 July 2024, there are new customer obligations when temporary trading. The Australian Competition and Consumer Commission (ACCC), through its Murray-Darling Basin water markets inquiry 2019-21 recommended mandatory reporting of prices for all tradeable water rights transactions, including irrigation rights and water delivery rights. The Federal Government accepted their recommendation and has made it a legal requirement under the Restoring our Rivers Act 2023. 

What does this change mean for you? 

  • Trade and transfer application forms must be completed comprehensively and accurately, even if it is commercially sensitive, commercial in confidence, or personal information. This means you are required to state the correct reason for the trade and the accurate price paid.

  • Records that relate to reason for trade and price information that are provided to the water market authorities (CICL or WaterNSW) will need to be kept by the person for a minimum of 5 years.

  • Failure to comply can result in serious civil penalties.

     

For more information on any of the above, please see Therese and Genevieve.



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