A licence trade allows you to buy or sell groundwater allocations.
Trades can only be completed in the same water resource – the combination of groundwater sub-area and aquifer.
Most water resources in WA are over-allocated, so getting a new licence issued is unlikely. This creates the need for licence trading, and BD Water is aiming to be the platform that facilitates it.
We can estimate how much water you will need to kick your project off the ground, and help you get that water licence.
We can handle your licence sale and ensure a hassle-free transaction, as we secure the funds prior to trade lodgement.
Matching buyers and sellers in the same groundwater sub-area and aquifer through our network of confirmed trading parties and our ongoing marketing campaigns to find new trades.
Negotiating a price and defining the quantity of water needed for both the buyer and seller. At this point, we collect the funds from the buyer and secure them in our BD Water Holdings Account until the trade is approved.
Applying for a licence trade with the Department of Water and Environmental Regulation, completing all the necessary paperwork and interfacing with DWER. Upon approval and licence transfer to the buyer, funds are released to the seller.
Trading water can be hard, we’re here to make it simple.
We are aiming to make the licence trading process simpler and smoother by developing the BD Water Trading platform.
Search for the resources available to your property, the licences you own, market rates and demand for your sub-area.
We believe this platform will allow you to better manage your water licences and make informed decisions on trading.
BD Water Trading will be launching in early 2020Find out more
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We want to share the right knowledge about the application process, regulations and policies that affect the water market, and bridge the issues that come with the lack of knowledge around water trading.
We learn more each day, and we are happy to share this information with anyone who wants to know about water licensing.
Water is a precious resource and trading doesn’t come easy.
We know which water resources you are allowed to trade licences with, and we can find the right trade for you.
We have a vast network of confirmed buyers and sellers, and we also operate ongoing campaigns to find new trades.
We are the only company in WA that can handle the entire process for you. It is possible for you to tackle this process yourself, however, we can make the process much simpler and more effective.
Our goal is to make the process as simple as possible, so we take care of the whole application and supporting documents.
We will take care of finding you a buyer or seller, as required. You don’t need to cut through red tape or deal with the bureaucrats, our system is simple and straightforward.
WA is constantly changing the regulations and policies surrounding water licence trading. You don’t need to brush up on those because you can be confident that we’re on top of it.
Soon, you will be able to use the BD Water Trading Platform, an online app to connect water licence buyers and sellers and smooth negotiation and application processes.
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In short - yes, if you have a water licence for more than 10,000 kL/a, and want to keep your full allocation (if you're not fully utilising your allocation, licence trading allows you to sell part or your full licence - more info on Licence Trading).
In some cases smaller allocations will also require a meter. Department of Water and Environmental Regulation has / will notify licensees where applicable.
The timeline for when you need the meter to be installed depends on the area you're in.
Traditionally you’ll need to find a buyer/seller in the same water resource you’re allowed to trade with, and offer to buy/sell part or the full allocation. A water allocation can be transferred to an existing or a new licence. This water can then be relocated and used for different purposes.
Both parties have to fill out and submit Form 4T from the Department of Water and Environmental Regulation. The trade will then go through due diligence with DWER, which usually takes multiple months before approved.
The process will look at the following:
Alternatively, you can talk to us. You can let us find you a buyer/seller for your trade, handle all the paperwork according to the current regulations and guidelines, and interface on your behalf with DWER. We will take care of the whole process.
We make water licensing simple.
No. BD Water is a private business and we do not represent the Department of Water and Environmental Regulation.
All information we provide is our own interpretation of their documentation and if unsure please confirm with DWER directly.
Not with anyone.
You are only allowed to trade water within the same water resource. A water resource is the combination of groundwater area and sub-area & aquifer.
You can check what water resource your property is in, and which licences you own, via this Department of Water and Environmental Regulation link. Alternatively, you can contact us to take care of all of this for you.
Our system makes it easy to find buyers or sellers, and you can be sure you are trading with parties you are allowed to.
The majority of areas and aquifers are over allocated, meaning there is more water being extracted from the ground then there is replenishing the supply (via rainfall). This means no more new licences are being issued, certainly not around the denser areas of Perth.
There are some cases where a temporary allocation may be issued but this is generally reserved for construction works or emergency situations.
Generally, the only option for getting an allocation is to trade it with someone else.
The Department of Water and Environmental Regulation started regulating the water use in WA because, simply put, we’re taking more water out of the ground than what’s going back in. This results in water levels dropping.
A groundwater licence is one of the ways DWER monitors and manages the amount of water being abstracted.
Water licences allow their holders to take more groundwater that the unlicensed standard amount to irrigate 1/2 an acre (2000 square meters).