Water extraction licences
Water trading is an exchange of a water entitlement between:
- a buyer (the water licence holder who gets more water) and
- a seller (the water licence holder whose water entitlement is reduced).
Read more below or get a printable copy of the water trading fact sheet .
To view the water trade register, go to the Department of Environment, Parks and Water Security website.
How water trading works
You can only trade water within a declared water allocation plan area.
Each water allocation plan will have guidelines that apply to water trading. If you want to trade water, you should read the trade guidelines in the water allocation plan that applies to your licence.
You can find out more about declared areas on the Department of Environment, Parks and Water Security website.
Find someone to trade with
Read the public register of approved water licences to find licence holders to trade water with.
Negotiate the details
The buyer and seller must negotiate the details of the trade including the:
- amount and security of water
- length of time the water will be traded
- price for the water (if any).
The department is not involved in the negotiations between the buyer and seller.
Apply to trade water
Once the buyer and seller have agreed on the trade, they must complete the application and send it to the department to be assessed.
The department will aim to finalise simple trade applications within two weeks.
It will take longer to process trades that:
- are for more than 1,000 megalitres
- require a new licence to be granted
- are in or impact on groundwater dependent ecosystem areas or groundwater discharge protection areas.
A water trade only takes effect once the controller of water resources has approved the trade.
To apply to trade water, follow the below steps:
Step 1. Fill in the application
Fill in the below application:
The buyer and seller must both complete and sign the application.
You should also review the checklist included in the application to ensure you have included all the information and documents.
Step 2. Submit the application
You can submit the application and all supporting documents by emailing email@example.com or mailing it to:
32 Giles Street
Katherine NT 0852.
Last updated: 07 October 2020
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