Waterfind’s Permanent Water Market Index Reports provide informative indices based on past and current permanent trade data and can be used to assist you with your water planning and decision-making.
Waterfind’s Indices use as their base year the 2014/15 Australian permanent market water season. This season was adopted as it is post the Millennium Drought (1996-2010) and the Australian Bureau of Meteorology described Australia’s rainfall from 1 April 2012 to 31 March 2015 as showing “some of the characteristics of long-term rainfall trends – with dry conditions in the southeast and southwestern Australia, contrasting with unusually wet conditions in the north and northwest.”* In accordance with water market practice, Waterfind’s Indices remove all “zero-dollar” trades (permanent water parcels traded at less than AU$1/ML) and apply accepted econometric and statistical principles to the data analysed.
*(BOM, April 2015, “Recent rainfall, drought and southern Australia’s long-term rainfall decline”)
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