SunWater, like other water allocation holders, is able to trade its water allocations in the water market. To facilitate this SunWater has announced the appointment of Psi-Delta and Elders to sell all its temporary transfer water throughout Queensland.
SunWater has developed the Water Trading Framework to ensure that its water trading activities:
- comply with the Water Trading Code of Conduct (PDF format 44KB); and
- are conducted with the same market information constraints as other market participants
Individual scheme Water Trading Strategies have been adopted which help to ensure that our trading practices are independent and transparent.
Trading of allocation from all holders
To learn more about Temporary Transfers please visit SunWaterOnline or contact your local SunWater office.
For information on regulatory requirements in ROP Water Supply Schemes please visit Department of Environment & Resource Management Water Trading.
Service Standard for processing Temporary Transfers
A service standard for processing times (that is, for the approval or rejection of trades) has been adopted by The Council of Australian Governments (COAG). The COAG requirement is as below.
| Service Standard |
Target |
|
Intra-State - 90% of allocation trades processed within 10 business days |
by Oct 2008 |
|
Intra-State - 90% of allocation trades processed within 5 business days |
by end June 2009 |
From 1 July 2009, the service standards state that the processing time is 5 business days. Performance against this standard is published below.
Performance reported for period:- 1 July 2009 - 30 Nov 2009
|
Allocation trade (temporary trades) processing time from 1-7-2009 |
Performance against Service Standard |
Intended Service Standard |
| Intra-State trade - % of trades processed within 5 business days |
100% |
90% |
| Number of Intra-State trades = 631 |
| Volume of Intra-State trades = 67373 (ML) |
Back to top