We understand there is lots to learn about the water market and related industries. Throughout this website you will find collections of the most frequently asked questions. This page contains them all.
Sales recognition is payable at settlement of the forward trade. Where a client has bought water for delivery in a future water season, transfer forms will not be sent until the 1st of July of that new water season. ‘Delivery date’ is the date that the transfer is lodged with the water authorities, not when the Purchaser will receive the water. Regular water authority approval times apply.
Forward Buy/Sell Orders can be generated from the CRM by selecting the ‘Forward’ option. Due to the additional requirements in a
Forward Market contract, SMS/email confirmation cannot be used for these transactions. The SMS link option can be used.
When purchasing water on the Forward Market, the following payment terms apply:
Deposit and conveyancing fees are due within 7 days of a signed contract. Any outstanding balance, government and water authority fees will be due no less than 14 days prior to the delivery date.
Almost anyone can use the Forward Market, however your account needs to be approved for Forward Market transactions before you can use the facility.
We also need to ensure we have advised of additional requirements when acting in the Forward Market. We will work with you to review your trading history before approving your account.
The live Forward Water Market can be accessed through your online account, or by contacting one our team to create an account. You can log in to your account to access the market, 24 hours a day, seven days a week.
Each water trading license will need to be approved for use by our team.
Forward Markets provide flexibility for security in future water seasons, helping you plan ahead with your water requirements to:
Contact one of our experienced consultants and learn how our online Water Market 24/7 personalised feed can benefit your business today.