Northern Victoria resource manager Mark Bailey has declared a low risk of spill in the Campaspe system.
Dr Bailey said the risk of spill in the Campaspe system during 2017-18 was now below the 10 per cent threshold needed for a declaration to be made.
‘‘The risk of spill from the Goulburn-Murray Water share of Lake Eppalock this year is now less than 10 per cent,’’ he said.
‘‘Water currently held in spillable water accounts in the Campaspe system will be made available to entitlement holders for use or trade.’’
Dr Bailey said the risk of spill assessment did not describe the chances of flooding this season.
‘‘The risk of spill is a water accounting assessment. It does not refer to flood risks downstream of the storages.’’
Dr Bailey also announced allocation trade from NSW to Victoria was limited to the lesser of a net annual volume of 200Gl or a volume that keeps the risk of spill in the Murray system below 50 per cent.
The current risk of spill limit allows 200Gl of net trade from NSW to Victoria.
The next announcement on the risk of spill and its effect on water availability will refer to the 2018-19 water year.
The first risk of spill assessment in the Murray, Goulburn and Campaspe systems for the 2018-19 season will be announced on Monday, July 2.
■Meanwhile, the next 2017-18 seasonal determination was due to be updated on Monday, January 15.