The Water Act 2007 was enacted to make provision for the management of the water resources in the Murray-Darling Basin, and to make provision for other matters of national interest in relation to water and water information. The Water Act 2007 provides for the creation of an independent Murray-Darling Basin Authority with the functions and powers needed to ensure that Basin water resources are managed in an integrated and sustainable way.
Under the Water Act 2007 the ACCC is responsible for
providing advice to the Minister for Climate Change and Water on water market rules
providing advice to the Minister for Climate Change and Water on water charge rules
providing advice to the Murray-Darling Basin Authority on water trading rules
monitoring and enforcing compliance with the water market rules and water charge rules.
The aim of these new functions is to ensure greater consistency and transparency in water charging arrangements and that water markets are able to operate freely.
The ACCC does not have any roles under the Water Act 2007 in relation to
Urban water supplies
Water resources other than Murray-Darling Basin water resources.
Level 35, The Tower
360 Elizabeth Street
Melbourne Centre
Melbourne VIC 3000
Postal address
GPO Box 5203
Melbourne VIC 3001
Phone and fax
Ph: (03) 9290 1800
Fax: (03) 9290 3699
If you would like to be placed on the distribution list to receive updates on developments in this area, please send your email contact details to: water@accc.gov.au
