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Key analytical updates on the Murray Darling Basin Water Market. Analysis of the market for water allocation will be assisted by the Greeneye Visual Trading Platform which charts the Victorian Goulburn Murray water market.

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Wednesday, February 18, 2009

LATEST ALLOCATION ANNOUNCEMENTS

Announcements by G-M Water and NSW Department of Water and Energy have not provided any increases in allocations, except for the Goulburn system increasing by 1% to 30%.

Further increases in allocations in the Lower Murray Darling Basin would be highly unlikely unless there were significant rains in the region. Extreme weather conditions in early February have not assisted on the evaporation front.

Next announcements will be made on 2 March 2009.

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