If it wasn’t for the option of water trading many Australian irrigators would not have been able to access water and continue to produce crops during recent years of low water availability.
According to leading water market specialist Tom Rooney from Waterfind, water trading is now a key plank in a grower’s management toolbox. “It ensures against uncertainty in water availability,” Tom said. “Australia is a world leader in developing systems that assist growers with transferring water between licences.
“Our systems have moved from paper based transactions to online, internet based trading providing our growers with world class flexibility.
“These systems make trading easier, more transparent and provide for more effective price discovery and processing.”
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