News

Online auction for MID water

Jan 22, 2025

An online auction of 475 megalitres of allocation water for the Macalister Irrigation District will be held on Wednesday, January 29.

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It is the fourth of six auctions to be held on the Southern Rural Water Exchange, managed by not-for-profit water broker, Water Partners.

The previous auction, held on January 13, saw 475 Ml of water sell for an average price of $189/Ml.

The first and second auctions saw water sell for an average of $165/Ml and $168/Ml.

The 475 Ml will be made available on Wednesday, January 29 in six parcels of between 50 Ml and 100 Ml each.

Water Partners CEO Donna Mulcahy said the online auction format provided an equal opportunity for every interested party to secure water.

Two more auctions will be held on Wednesday, February 12 and Wednesday, February 26. Each auction will have 475 Ml available, in parcels of between 50 Ml and 100 Ml each.

Any water not sold at these auctions will be offered at a supplementary auction on March 5.

Visit the Southern Rural Water Exchange auction site at https://srwe-aux.waterpartners.org.au to register for the upcoming auctions or contact Water Partners on (03) 5853 2333.