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Water Demand High and Prices Strong

01.07.18

The dry conditions continue and we are faced with no new allocations for the start of the 2018/2019 season. Prices for temporary water have started at $300, which historically is an amazing price for this time of year. This price is a reflection of the irrigators trying to take a position for the next season as commodity prices across the board are strong. Without water secured in reasonable time, programs will change and hence demand.

Saturday, July 07, 2018/Author: Peter Hennessy/Number of views (4660)/Comments (0)/ Article rating: No rating
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Peter Hennessy Water Broking Service

Trading as Peter Hennessy Consultancy & Commodity Trading.

For all rivers including unregulated streams and general enquiries please call Peter Hennessy Water to see how we can best help you.

  • Water Summary
  • Burrendong Dam 28% (17.09.18)
  • Current (AWD) General Security Allocation 0% (01.07.18)
  • High Security allocation 100%
  • Temporary Water $380 steady
  • Temporary Water Wanted. Call for more detail

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  • Note: there is no GST on the Water Sale or allocation assignment fees but there is GST payable on the Peter Hennessy Water commission fee.

Peter Hennessy has been successfully brokering sales of Permanent and Temporary Water allocation assignments on the Macquarie and Cudgegong Rivers for the past 22 years.

We have also provided water consultancies to a variety of industry groups eg Mining, Viticulture and Government Agencies. Being local, situated in Dubbo, we have a superior knowledge of our market place and geographically we are in the middle of the trading area.

This site has been developed to help convey water information so to help facilitate water trading. This doesn’t mean that trading cannot be done the traditional way over the telephone.

Peter Hennessy Water charges 2.5% plus GST commission on permanent water sales on the Macquarie River. Large parcels will be negotiated on a case by case basis. All other rivers are charged at a minimum of 3% plus GST commission and may incurr a consultancy rate if difficulties are expected.

Sell Water

  • Check your water account statement or check with your State Water Customer Field Officer to establish your water availability
  • Note: there is no GST on the Water Sale or allocation assignment fees but there is GST payable on the Peter Hennessy Water commission fee.

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