Irrigators' Share Distribution Project

At 12:01 am on 1 October 2021, information on delivery share ownership was taken from the Victorian Water Register. Anyone who held delivery share in any of the six areas of the GMID on this date and is charged the common infrastructure access fee is eligible to receive a share of the Connections Project’s water recovery either as water shares or financial benefit.

All eligible recipients of the irrigators’ share will also receive the financial proceeds from the sale of water allocation held by the Connections Project against the irrigators’ share, proportionate to their holdings of delivery share on census date (1 October 2021) as a bill rebate in July 2022.

The completion of the final water recovery audit for the Connections Project also enables irrigators to receive benefits arising from an additional 681.6 ML of long-term water recovery. These benefits will be provided following the completion of the distribution of the 77 GL, currently under way.

For delivery share holders with 0.25ML/day or more

Water shares and seasonal allocations started being issued on 16 October and will continue until the end of October 2021. Water shares will be distributed to nearly 7000 delivery share holders in the GMID with 0.25 ML/day or more of delivery share. This marks a significant milestone for the Irrigators’ Share Distribution and the Connections Project.

At census date (1 October 2021) it was confirmed that eligible delivery share holders will receive:

Volume to be issued per 1 ML / day of delivery share
  Goulburn system Murray system
High reliability water share 4.00 ML 3.97 ML
Low reliability water share 2.21 ML 2.37 ML

 

 Information on why the water share volumes distributed in the Murray and the Goulburn systems are different can be found in this fact sheet - How the irrigators' share of water recovered through modernisation in the GMID is being calculated, audited and distributed, opens in a new window.

If you have questions about your individual share of the distribution, contact GMW’s dedicated Irrigators’ Share Distribution support service at ISDProject@gmwater.com.au or call 1800 013 357.

For delivery share holders with less than 0.25ML/day

GMW irrigators eligible for the distribution but who hold less than 0.25 ML/day of delivery share are set to receive their benefit as a credit on their fixed charges bill from GMW in July 2022.

GMW has been issued water shares in proportion to the pooled delivery share of all recipients below the threshold level of 0.25 ML/day. This totals about 1200 ML of high reliability water shares and 690 ML of low reliability water shares. These water shares will be sold on the open market to generate the financial benefit.

You can find out how to purchase water shares or allocation and read about the trading strategy that has been independently developed to guide the sale of these water shares and allocation at our Selling Water Shares to Fund Customer Credits webpage.

Frequently asked questions

When will I receive my water shares?

Water shares will be distributed between 16-31 October 2021. If you have not received your water shares by 31 October 2021, please contact us and we will assist you further. You can call the Contact Centre on 1800 013 357.

How will I be notified when my water shares have been issued?

Water shares are being issued up until 31 October 2021. Delivery share holders will receive a copy of record and approval letter via mail once the shares have been issued. It may take up to 10 business days for the recipient to receive their letter.

What do I need to do now to receive my water shares?

You don’t need to take any action. A water share application has been prepared and lodged on your behalf if you are eligible to receive water shares and did not notify GMW that you did not want to be part of the automated distribution process.

How many water shares will I get?

At census date (1 October 2021) it was confirmed that eligible delivery share holders will receive:

Volume to be issued per 1 ML / day of delivery share
  Goulburn system Murray system
High reliability water share 4.00 ML 3.97 ML
Low reliability water share 2.21 ML 2.37 ML

 

I don’t agree with what I have received, who should I contact to discuss it?

We have established a dedicated Irrigators’ Share Distribution customer enquiries and support service. You can contact GMW through email ISDProject@gmwater.com.au or by calling the team at 1800 013 357.

A reviews process is available for all eligible delivery share holders and will be open for six months after you have received your benefit.

I hold less than 0.25ML/day share. When will I receive my financial benefit?

If you hold less than 0.25ML/day of delivery share you are eligible to receive a financial benefit. GMW has been issued water shares in proportion to the pooled total of delivery shares of all recipients below the 0.25 ML/day threshold to sell on the open market in the latter part of 2021 and into early 2022.

A credit will be issued to all eligible delivery share holders on their GMW fixed charges bill in July 2022.

My neighbour has received their water shares, but I haven’t. When will I receive my water share?

Water shares are being issued between the 16-31 October 2021. All water shares may not be issued on the same day.

If you have not received you water shares by 31 October 2021, contact us and we will assist you further. You can call the Contact Centre on 1800 013 357.

More information