Managing Tagged Accounts Going Forward
The Victorian Water Register yesterday released an article on the Opportunities to trade from the Goulburn to the Murray system, including the use of tagged accounts. This article confirms what we published prior to Christmas about the trade limit and it also discuss the use of Tagged Accounts and trading rules under action 9.6 of Water For Victoria policy.
Tagged accounts are being utilized this season to access the cheaper Goulburn Water for use in the Murray system. As the article mentions, these tagged accounts are under review and may only be a short term fix. If you want to know more about Tagged water accounts, give us a call and we can better explain how the process works and if necessary, we can set you up with the correct ABA.
Here is the link. Happy reading.