About Water Broking World
It’s a corny name, but it’s memorable and you know what we do! We have an online exchange on this website showing all open orders and you can submit orders through this website. In addition to the web platform, we can organise orders by post, email and fax. Feel free to call if you have any questions regarding the water market or water trading.
WBW is registered for the Victorian Water Register Portal and can lodge trades in NSW and South Australia. Your trades are looked after carefully and covered by our $5 million professional indemnity insurance.
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How Trading Works for Temporary Allocation Trades
We understand that irrigators are only concerned about total price after all fees. That’s why we have very simple pricing. The prices you see on the website are the total price, including all fees, except GST. The price you see is the price you get!
How does this work? The price is marked up (for sell orders) or marked down (for buy orders) before it’s advertised on the website. This mark up/mark down is how we pay transfer fees and brokerage.
So when you create an order, the price on the form is the amount you receive (for sellers) or the amount you pay (for buyers.) Similarly, if you’re buying from an existing order on the website, the price you see is the amount you receive (for sellers) or the amount you pay (for buyers.)
We trade water to anywhere it can be traded, to get you the best price.
For permanent trades, everything is by negotiation.
Once an order is accepted, orders cannot be deleted. We can delete open orders, but there is no guarantee that they can be taken off the market before they are accepted. Please contact us as soon as you want to delete an open order.
If you would like to change an open order, please email or fax the instructions from the email address or fax number on your Water Broking World account. There is no guarantee that the order can be changed before it is accepted. We can’t take verbal instructions to change orders.
Consulting and Valuation
WBW has access to extensive water market resources. We have access to the water registries with every historic water trade, their volume and price. Have a water market problem that leaves you scratching your head? We know the answer!
If you want to know what your water is worth, please get in contact. No matter how obscure your water licence is, we can put a figure on it.
Currently it’s a one man band run by its founder, Lionel Pengilley, so this site uses the royal we. That said, I have contacts with other brokers who bring liquidity to the market.
Lionel Pengilley BEc
Out of Business Brokers
There are many competitors who have gone out of business over the years. Here is the list of water brokers who have been deregistered with ASIC or their business name was cancelled or removed.
In case you’re searching for them, they might not be around to help you, but Water Broking World is here to help you!