Water Markets Intermediaries Code information session

Information session details

The ACCC is hosting its second free information session. In this online session participants will get:

• more details on the obligations that start 1 October 2025
• an overview of the ACCC’s guidance approach and online resources.
• time for questions and answers.

Date, time and registration

The information session is being held online on:

Thursday 24 July 2025
11:00 am to 12.00 pm (AEST).

If you have any questions, you want us to answer at the session, you can include them in the registration form.

Register for the session

About the code

A new code has been developed for water markets intermediaries. The code is made in regulations and takes effect in 2 phases:

• 1 July 2025 and
• 1 October 2025.

The code will apply to water market intermediaries such as:

• brokers
• exchanges
• irrigation infrastructure operators that provide intermediary services including operating an exchange, and
• any other intermediary service providers.

Water market intermediaries also need to follow new trust accounting obligations under the Water Act 2007, which started on 1 July 2025.

The purpose of the code is to regulate the conduct of eligible water markets intermediaries towards their clients. It aims to:

• improve the integrity of, and trust in, water markets intermediaries
• give greater protection and confidence to users of those intermediary services
• help increase participation in relevant water markets, and
• subject water markets intermediaries to broadly comparable regulatory safeguards that apply to intermediaries in other markets.

Contact

If you need further information about this information session email watercode@accc.gov.au

See also

Water markets intermediaries code

Water market reform - Department of Climate Change, Energy, the Environment and Water