Rural market water trading
- The Waterexchange commences operations in 1994 and trades as Irrigation Extension Services.
- The business offered various water asset management services in the Macquarie Valley of NSW.
- The National Waterexchange was formed, and operates as an exchange service for water brokers across the northern river valleys of NSW.
- Waterexchange.com.au website launched, as an auction platform and conducts the world’s first online trading of water entitlements.
- Name changed to the Waterexchange Pty Ltd
- New premises in Dubbo NSW purchased and all technology centrally located.
- Western NSW's first optical fibre laid into building.
- Waterexchange named as feature company for Chinese Water Week.
- Waterexchange expands operations across entire Murray Darling basin.
- 1000th auction based trade finalised.
- 2000th auction based trade finalised
- Operational platforms changed to pure exchanged based trading.
- 24 hour online trading commences.
- Victorian gerrymander broken, and VIC trading commences
- First forward water contract trades conducted.
- First groundwater trades conducted
- New office opened in Canberra ACT
- New office opened in Cohuna VIC.
- Waterexchange enters into merger with Financial Energy Exchange.
- MDB Water availability index launched.
- First South Australian trades transacted.
- 10,000th online trade transacted on exchange based platform since 2002.
- National Stock Exchange of Australia acquires Waterexchange Pty Ltd.
- 8,000 trades transacted in one year.
- Drought peaks and leads to all time high of $1,200 per ML.
- Drought continues and prices remain high around, $800 per ML.
- Allocation announcements shock farmers as they are the lowest in history.
- Significant rainfall lead to prices decreasing from prices around $500 per ML at the beginning of the water year down to $100 per ML prices.
- Increased rainfall leads to increased allocations from levels around 30-40% to 100%.
- Envex acquires the Waterexchange Pty Ltd.
- Water prices reach an all time low of $4 per ML.
- Permanent water listings launched.
- Aqua Room newsletter launched.
- Waterexchange fees drop to $35 (capped at $70).
- Head office moves from Canberra to Echuca.
- Water prices trade around $15 per ML.