Company water offer
Expressions of interest for the company
water offer closed at 1.00pm on Wednesday 2 November
The Murray Irrigation Board agreed in October 2016 to
commercialise a volume 12,000 megalitres (ML) by offering it to
shareholders at a fixed price via expressions of interest.
The price was $49 per megalitre, which had been
determined based on five days weighted average market trading price
(14-20 October 2016), with a discount applied.
Murray Irrigation is seeking to maximise the productive use of
water in our region, therefore, as part of the conditional offer,
only shareholders of the company were eligible to purchase the
The volume available was offered for sale to
shareholders through an expression of interest process, which
opened at 5.00pm on Monday 24 October 2016 and closed at 1.00pm on
Wednesday 2 November 2016.
Shareholders applied for well over the 12GL offered. Murray
Irrigation received a large number of applications for a wide range
Due to the offer being over-subscribed, Murray Irrigation
distributed the available volume (12GL) to ensure equity in line
with the principle of shareholder benefit, smoothing the outliers
and ensuring all participants received a material volume.
Applicants were informed of their awarded volumes on Friday 4
Terms and conditions
For full details on Murray
Irrigation's company water offer, please view the documents below,
or for customers requiring assistance, contact Customer Support on
T. 1300 138 265.
Frequently Asked Questions
Company water offer FAQ
Murray Irrigation releases
Special Talking Water - Tuesday
25 October 2016 (update to fees and prices)
Special Talking Water - Monday
24 October 2016 (EOIs open)
Special Talking Water - Friday
21 October 2016 (initial announcement)
For all other enquiries, customers can contact Customer
Support on T. 1300 138 265.