Overview
The Water Amendment (Restoring Our Rivers) Act 2023 establishes a new integrity framework for Murray–Darling Basin water markets, including a new mandatory Intermediaries Code (the Code).
The Code aims to:
improve the integrity of, and trust in, water market intermediaries,
give users of those services greater protection and confidence,
help increase participation in water markets, and
subject water market intermediaries to broadly comparable regulatory safeguards that apply to intermediaries in other markets – such as stock and station agents, real estate agents and stockbrokers.
After consultation with water market intermediaries and stakeholders, the department has released an Exposure Draft of the Water Markets Intermediaries Code. You can now provide feedback on this draft.
Consultation documents
Water Markets Intermediaries Code Exposure Draft [PDF 341KB]
Water Markets Intermediaries Code Exposure Draft [DOCX 90KB]
Overview of the Water Markets Intermediaries Code Exposure Draft [PDF 1.52MB]
Overview of the Water Markets Intermediaries Code Exposure Draft [DOCX 1.29MB]
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Feedback is welcome until 11.59pm on Sunday 6 April 2025.
