<mdb:MD_Metadata xmlns:cit="http://standards.iso.org/iso/19115/-3/cit/2.0" xmlns:gco="http://standards.iso.org/iso/19115/-3/gco/1.0" xmlns:gex="http://standards.iso.org/iso/19115/-3/gex/1.0" xmlns:lan="http://standards.iso.org/iso/19115/-3/lan/1.0" xmlns:mcc="http://standards.iso.org/iso/19115/-3/mcc/1.0" xmlns:mdb="http://standards.iso.org/iso/19115/-3/mdb/2.0" xmlns:mrd="http://standards.iso.org/iso/19115/-3/mrd/1.0" xmlns:mri="http://standards.iso.org/iso/19115/-3/mri/1.0" xmlns:xlink="http://www.w3.org/1999/xlink">
    <mdb:metadataIdentifier xlink:type="simple">
        <mcc:MD_Identifier>
            <mcc:code>
                <gco:CharacterString>5579748e-821c-4446-8cf9-4dd1d5c6c196</gco:CharacterString>
            </mcc:code>
            <mcc:codeSpace>
                <gco:CharacterString>urn:uuid</gco:CharacterString>
            </mcc:codeSpace>
        </mcc:MD_Identifier>
    </mdb:metadataIdentifier>
    <mdb:defaultLocale xlink:type="simple">
        <lan:PT_Locale>
            <lan:language>
                <lan:LanguageCode codeList="" codeListValue="English">English</lan:LanguageCode>
            </lan:language>
            <lan:characterEncoding>
                <lan:MD_CharacterSetCode codeList="" codeListValue="UTF-8">UTF-8</lan:MD_CharacterSetCode>
            </lan:characterEncoding>
        </lan:PT_Locale>
    </mdb:defaultLocale>
    <mdb:metadataScope xlink:type="simple">
        <mdb:MD_MetadataScope>
            <mdb:resourceScope>
                <mcc:MD_ScopeCode codeList="" codeListValue="nonGeographicDataset">nonGeographicDataset</mcc:MD_ScopeCode>
            </mdb:resourceScope>
            <mdb:name>
                <gco:CharacterString>nonGeographicDataset</gco:CharacterString>
            </mdb:name>
        </mdb:MD_MetadataScope>
    </mdb:metadataScope>
    <mdb:contact xlink:type="simple" />
    <mdb:dateInfo xlink:type="simple">
        <cit:CI_Date>
            <cit:date>
                <gco:DateTime>2018-07-05T23:33:17</gco:DateTime>
            </cit:date>
            <cit:dateType>
                <cit:CI_DateTypeCode codeList="" codeListValue="creation">creation</cit:CI_DateTypeCode>
            </cit:dateType>
        </cit:CI_Date>
    </mdb:dateInfo>
    <mdb:metadataStandard xlink:type="simple">
        <cit:CI_Citation>
            <cit:title>
                <gco:CharacterString>ISO 19115</gco:CharacterString>
            </cit:title>
            <cit:edition>
                <gco:CharacterString>2016</gco:CharacterString>
            </cit:edition>
        </cit:CI_Citation>
    </mdb:metadataStandard>
    <mdb:identificationInfo xlink:type="simple">
        <mri:MD_DataIdentification>
            <mri:citation xlink:type="simple">
                <cit:CI_Citation>
                    <cit:title>
                        <gco:CharacterString>Australian water markets report 2013-14</gco:CharacterString>
                    </cit:title>
                    <cit:identifier xlink:type="simple">
                        <mcc:MD_Identifier>
                            <mcc:code>
                                <gco:CharacterString>5579748e-821c-4446-8cf9-4dd1d5c6c196</gco:CharacterString>
                            </mcc:code>
                        </mcc:MD_Identifier>
                    </cit:identifier>
                </cit:CI_Citation>
            </mri:citation>
            <mri:abstract>
                <gco:CharacterString>The Australian water markets report 2013-14 presents national statistics on water markets, including water entitlement trade and water allocation trade volumes and prices, trade processing times and environmental water holdings and trade. The report summarises water trading activity within surface and groundwater systems across Australia, with a particular focus on the Murray-Darling Basin (MDB) region. 

 This report is the seventh edition in the series. It is the first completed by ABARES since taking responsibility for the report from the former National Water Commission. 

 The report shows how water market activity in Australia has grown between 2007-08 and 2013-14, including increased volumes of water entitlement trade and water allocation trade. At a regional level, the vast majority of water trading activity still occurs within the MDB, particularly trade of surface water allocations in the Southern MDB. 

 Water allocation prices were generally higher in 2013-14 relative to 2012-13 due to slightly lower storage levels and water allocation volumes. However, water prices during 2013-14 remained well below the peaks observed during the drought years of 2007 to 2009. 

 The report shows the progress of the Commonwealth in recovering water for the environment to satisfy the Basin Plan reforms. In recent years there has been a switch in water recovery away from buybacks and towards infrastructure upgrades. 

 For the first time, the report presents statistics on environmental water transfers: where environmental allocations held in one region (for example, the Victoria Murray) are transferred to a 'delivery partner' (a local environmental agency) in another connected region (for example, the South Australian Murray). These transactions have no financial component but are included in official trade statistics. In 2013-14 environmental transfers accounted for over 40 per cent of total water allocation trade by volume in the southern Murray-Darling Basin. 

 Accompanying this report is a spreadsheet containing the data tables underlying the figures and maps presented in the report and the Australian Water Markets Database (a database of all water trades across Australia from 2007-08 to 2013-14). </gco:CharacterString>
            </mri:abstract>
            <mri:extent xlink:type="simple">
                <gex:EX_Extent>
                    <gex:description>
                        <gco:CharacterString>Australia</gco:CharacterString>
                    </gex:description>
                    <gex:geographicElement xlink:type="simple">
                        <gex:EX_GeographicBoundingBox>
                            <gex:westBoundLongitude>
                                <gco:Decimal>151.122622</gco:Decimal>
                            </gex:westBoundLongitude>
                            <gex:eastBoundLongitude>
                                <gco:Decimal>151.122622</gco:Decimal>
                            </gex:eastBoundLongitude>
                            <gex:southBoundLatitude>
                                <gco:Decimal>-25.371968</gco:Decimal>
                            </gex:southBoundLatitude>
                            <gex:northBoundLatitude>
                                <gco:Decimal>-25.371968</gco:Decimal>
                            </gex:northBoundLatitude>
                        </gex:EX_GeographicBoundingBox>
                    </gex:geographicElement>
                    <gex:temporalElement xlink:type="simple" />
                    <gex:verticalElement xlink:type="simple" />
                </gex:EX_Extent>
            </mri:extent>
            <mri:additionalDocumentation xlink:type="simple" />
            <mri:descriptiveKeywords xlink:type="simple">
                <mri:MD_Keywords>
                    <mri:keyword>
                        <gco:CharacterString>Farming</gco:CharacterString>
                    </mri:keyword>
                </mri:MD_Keywords>
            </mri:descriptiveKeywords>
            <mri:descriptiveKeywords xlink:type="simple">
                <mri:MD_Keywords>
                    <mri:keyword>
                        <gco:CharacterString>Murray-Darling Basin</gco:CharacterString>
                    </mri:keyword>
                </mri:MD_Keywords>
            </mri:descriptiveKeywords>
            <mri:descriptiveKeywords xlink:type="simple">
                <mri:MD_Keywords>
                    <mri:keyword>
                        <gco:CharacterString>WATER</gco:CharacterString>
                    </mri:keyword>
                </mri:MD_Keywords>
            </mri:descriptiveKeywords>
            <mri:descriptiveKeywords xlink:type="simple">
                <mri:MD_Keywords>
                    <mri:keyword>
                        <gco:CharacterString>WATER Groundwater</gco:CharacterString>
                    </mri:keyword>
                </mri:MD_Keywords>
            </mri:descriptiveKeywords>
            <mri:descriptiveKeywords xlink:type="simple">
                <mri:MD_Keywords>
                    <mri:keyword>
                        <gco:CharacterString>WATER Surface</gco:CharacterString>
                    </mri:keyword>
                </mri:MD_Keywords>
            </mri:descriptiveKeywords>
            <mri:descriptiveKeywords xlink:type="simple">
                <mri:MD_Keywords>
                    <mri:keyword>
                        <gco:CharacterString>environment</gco:CharacterString>
                    </mri:keyword>
                </mri:MD_Keywords>
            </mri:descriptiveKeywords>
            <mri:descriptiveKeywords xlink:type="simple">
                <mri:MD_Keywords>
                    <mri:keyword>
                        <gco:CharacterString>environmental water</gco:CharacterString>
                    </mri:keyword>
                </mri:MD_Keywords>
            </mri:descriptiveKeywords>
            <mri:descriptiveKeywords xlink:type="simple">
                <mri:MD_Keywords>
                    <mri:keyword>
                        <gco:CharacterString>groundwater</gco:CharacterString>
                    </mri:keyword>
                </mri:MD_Keywords>
            </mri:descriptiveKeywords>
            <mri:descriptiveKeywords xlink:type="simple">
                <mri:MD_Keywords>
                    <mri:keyword>
                        <gco:CharacterString>surface water</gco:CharacterString>
                    </mri:keyword>
                </mri:MD_Keywords>
            </mri:descriptiveKeywords>
            <mri:descriptiveKeywords xlink:type="simple">
                <mri:MD_Keywords>
                    <mri:keyword>
                        <gco:CharacterString>water access entitlement</gco:CharacterString>
                    </mri:keyword>
                </mri:MD_Keywords>
            </mri:descriptiveKeywords>
            <mri:descriptiveKeywords xlink:type="simple">
                <mri:MD_Keywords>
                    <mri:keyword>
                        <gco:CharacterString>water allocation</gco:CharacterString>
                    </mri:keyword>
                </mri:MD_Keywords>
            </mri:descriptiveKeywords>
            <mri:descriptiveKeywords xlink:type="simple">
                <mri:MD_Keywords>
                    <mri:keyword>
                        <gco:CharacterString>water markets</gco:CharacterString>
                    </mri:keyword>
                </mri:MD_Keywords>
            </mri:descriptiveKeywords>
            <mri:descriptiveKeywords xlink:type="simple">
                <mri:MD_Keywords>
                    <mri:keyword>
                        <gco:CharacterString>water trade</gco:CharacterString>
                    </mri:keyword>
                </mri:MD_Keywords>
            </mri:descriptiveKeywords>
        </mri:MD_DataIdentification>
    </mdb:identificationInfo>
    <mdb:identificationInfo xlink:type="simple">
        <mri:MD_DataIdentification>
            <mri:citation xlink:type="simple">
                <cit:CI_Citation>
                    <cit:title>
                        <gco:CharacterString>Australian water markets report 2013-14 - Report (revised 2016-01-12)</gco:CharacterString>
                    </cit:title>
                    <cit:presentationForm>
                        <cit:CI_PresentationFormCode codeList="" codeListValue="documentDigital">documentDigital</cit:CI_PresentationFormCode>
                    </cit:presentationForm>
                </cit:CI_Citation>
            </mri:citation>
            <mri:abstract>
                <gco:CharacterString>KeyDocument 01 
 The Australian water markets report 2013-14 presents national statistics on water markets, including water access entitlement and water allocation trade volumes and prices, trade processing times and environmental water holdings and trade. The report summarises water trading activity within surface and groundwater systems across Australia, with a particular focus on the Murray-Darling Basin (MDB) region. 

 Revised 2016-01-12: added the National Water Commission (NWC) logo to front page; modified the acknowledgements, summary and introduction to note that the report was commissioned by the NWC; corrected some typographic errors in the acknowledgements. </gco:CharacterString>
            </mri:abstract>
            <mri:additionalDocumentation xlink:type="simple" />
            <mri:resourceFormat xlink:type="simple">
                <mrd:MD_Format>
                    <mrd:formatSpecificationCitation xlink:type="simple">
                        <cit:CI_Citation>
                            <cit:title>
                                <gco:CharacterString>PDF</gco:CharacterString>
                            </cit:title>
                        </cit:CI_Citation>
                    </mrd:formatSpecificationCitation>
                </mrd:MD_Format>
            </mri:resourceFormat>
        </mri:MD_DataIdentification>
    </mdb:identificationInfo>
    <mdb:identificationInfo xlink:type="simple">
        <mri:MD_DataIdentification>
            <mri:citation xlink:type="simple">
                <cit:CI_Citation>
                    <cit:title>
                        <gco:CharacterString>Australian water markets report 2013-14 - Report (revised 2016-01-12)</gco:CharacterString>
                    </cit:title>
                    <cit:presentationForm>
                        <cit:CI_PresentationFormCode codeList="" codeListValue="documentDigital">documentDigital</cit:CI_PresentationFormCode>
                    </cit:presentationForm>
                </cit:CI_Citation>
            </mri:citation>
            <mri:abstract>
                <gco:CharacterString>KeyDocument 02 
 The Australian water markets report 2013-14 presents national statistics on water markets, including water access entitlement and water allocation trade volumes and prices, trade processing times and environmental water holdings and trade. The report summarises water trading activity within surface and groundwater systems across Australia, with a particular focus on the Murray-Darling Basin (MDB) region. 

 Revised 2016-01-12: added the National Water Commission (NWC) logo to front page; modified the acknowledgements, summary and introduction to note that the report was commissioned by the NWC; corrected some typographic errors in the acknowledgements. 
</gco:CharacterString>
            </mri:abstract>
            <mri:additionalDocumentation xlink:type="simple" />
            <mri:resourceFormat xlink:type="simple">
                <mrd:MD_Format>
                    <mrd:formatSpecificationCitation xlink:type="simple">
                        <cit:CI_Citation>
                            <cit:title>
                                <gco:CharacterString>word</gco:CharacterString>
                            </cit:title>
                        </cit:CI_Citation>
                    </mrd:formatSpecificationCitation>
                </mrd:MD_Format>
            </mri:resourceFormat>
        </mri:MD_DataIdentification>
    </mdb:identificationInfo>
    <mdb:identificationInfo xlink:type="simple">
        <mri:MD_DataIdentification>
            <mri:citation xlink:type="simple">
                <cit:CI_Citation>
                    <cit:title>
                        <gco:CharacterString>Australian water markets report 2013-14 - data tables</gco:CharacterString>
                    </cit:title>
                    <cit:presentationForm>
                        <cit:CI_PresentationFormCode codeList="" codeListValue="documentDigital">documentDigital</cit:CI_PresentationFormCode>
                    </cit:presentationForm>
                </cit:CI_Citation>
            </mri:citation>
            <mri:abstract>
                <gco:CharacterString>Data 01 
 A spreadsheet containing the data tables underlying the figures and maps presented in the Australian water markets report 2013-14. 
 Table 1 Entitlements on issue by resource and jurisdiction, as at 30 June 2014 
 Table 2 Entitlements on issue by resource and water system, as at 30 June 2014 
 Table 3 Entitlement trade by jurisdiction, 2007-08 to 2013-14 
 Table 4 Entitlement trade by resource and jurisdiction, 2013-14 
 Table 5 Entitlement trade by resource and water system, 2013-14 
 Table 6 Entitlement trade prices by reliability and water system, 2013-14 
 Table 7 Water levels for selected storages, 2007-08 to 2013-14 
 Table 8 Average annual rainfall for irrigation farms in the Murray-Darling Basin, 2007-08 to 2013-14 
 Table 9 Water storage levels for the Murray-Darling Basin, 2007-08 to 2013-14 
 Table 10 Allocation announcements for selected water systems and reliabilities, 2013-14 
 Table 11 Allocation trade by jurisdiction, 2007-08 to 2013-14 
 Table 12 Allocation trade by resource and jurisdiction, 2013-14 
 Table 13 Allocation traded internally and interstate by jurisdiction, 2013-14 
 Table 14 Allocation traded internally and between water systems, 2013-14 
 Table 15 Allocation trade by resource and water system, 2013-14 
 Table 16 Allocation trade internally, into and out of water system in the Murray-Darling Basin, 2013-14 
 Table 17 Southern Murray-Darling Basin annual carryover volumes by water system, 2007-08 to 2014-15 
 Table 18 Southern Murray-Darling Basin annual carryover and allocations, 2007-08 to 2014-15 
 Table 19 Allocation trade among southern Murray-Darling Basin water systems, 2013-14 
 Table 20 Non-environmental allocation trade among southern Murray-Darling Basin water systems, 2013-14 
 Table 21 Environmental allocation trade among southern Murray-Darling Basin water systems, 2013-14 
 Table 22 Allocation trade price by water system, 2013-14 
 Table 23 Allocation trade prices in southern Murray-Darling Basin by month, 2013-14 
 Table 24 Environmental water holdings by key government agency in the Murray-Darling Basin, as at 30 June 2014 
 Table 25 Commonwealth Environmental Water Office entitlement holdings, 2013-14 
 Table 26 New South Wales Office of Environment and Heritage entitlement holdings, 2013-14 
 Table 27 Victorian Environmental Water Holder entitlement holdings, 2013-14 
 Table 28 Entitlements secured by the Commonwealth Government, 2007-08 to 2013-14 
 Table 29 Entitlements secured by the Commonwealth Government by reliability and water systems, 2013-14 
 Table 30 Entitlements secured by the New South Wales Office of Environment and Heritage, 2013-14 
 Table 31 Commonwealth Environmental Water Office allocation transfers, 2013-14 </gco:CharacterString>
            </mri:abstract>
            <mri:additionalDocumentation xlink:type="simple" />
            <mri:resourceFormat xlink:type="simple">
                <mrd:MD_Format>
                    <mrd:formatSpecificationCitation xlink:type="simple">
                        <cit:CI_Citation>
                            <cit:title>
                                <gco:CharacterString>microsoft excel</gco:CharacterString>
                            </cit:title>
                        </cit:CI_Citation>
                    </mrd:formatSpecificationCitation>
                </mrd:MD_Format>
            </mri:resourceFormat>
        </mri:MD_DataIdentification>
    </mdb:identificationInfo>
    <mdb:identificationInfo xlink:type="simple">
        <mri:MD_DataIdentification>
            <mri:citation xlink:type="simple">
                <cit:CI_Citation>
                    <cit:title>
                        <gco:CharacterString>Australian water markets report 2013-14 - Water Markets Database </gco:CharacterString>
                    </cit:title>
                    <cit:presentationForm>
                        <cit:CI_PresentationFormCode codeList="" codeListValue="documentDigital">documentDigital</cit:CI_PresentationFormCode>
                    </cit:presentationForm>
                </cit:CI_Citation>
            </mri:citation>
            <mri:abstract>
                <gco:CharacterString>Data 02 
 Australian Water Markets Database : a database of all water trades across Australia from 2007-08 to 2013-14 
 Contains the following files in CSV (comma-separated values) format: 
 awmr2013-14_AllocationAnnouncementsData.csv: Water allocation announcements for water systems across Australia from 2007-08 to 2013-14 
 awmr2013-14_EOI_Data.csv : Entitlements on issue across Australia from from 2007-08 to 2013-14 
 awmr2013-14_Trade_Data.csv : Data on water trades across Australia from from 2007-08 to 2013-14 </gco:CharacterString>
            </mri:abstract>
            <mri:additionalDocumentation xlink:type="simple" />
            <mri:resourceFormat xlink:type="simple">
                <mrd:MD_Format>
                    <mrd:formatSpecificationCitation xlink:type="simple">
                        <cit:CI_Citation>
                            <cit:title>
                                <gco:CharacterString>microsoft excel</gco:CharacterString>
                            </cit:title>
                        </cit:CI_Citation>
                    </mrd:formatSpecificationCitation>
                </mrd:MD_Format>
            </mri:resourceFormat>
        </mri:MD_DataIdentification>
    </mdb:identificationInfo>
    <mdb:identificationInfo xlink:type="simple">
        <mri:MD_DataIdentification>
            <mri:citation xlink:type="simple">
                <cit:CI_Citation>
                    <cit:title>
                        <gco:CharacterString>Authoritative descriptive metadata for: Australian water markets report 2013-14</gco:CharacterString>
                    </cit:title>
                    <cit:presentationForm>
                        <cit:CI_PresentationFormCode codeList="" codeListValue="documentDigital">documentDigital</cit:CI_PresentationFormCode>
                    </cit:presentationForm>
                </cit:CI_Citation>
            </mri:citation>
            <mri:abstract>
                <gco:CharacterString>Metadata in ISO 19139 format
</gco:CharacterString>
            </mri:abstract>
            <mri:additionalDocumentation xlink:type="simple" />
            <mri:resourceFormat xlink:type="simple">
                <mrd:MD_Format>
                    <mrd:formatSpecificationCitation xlink:type="simple">
                        <cit:CI_Citation>
                            <cit:title>
                                <gco:CharacterString>XML</gco:CharacterString>
                            </cit:title>
                        </cit:CI_Citation>
                    </mrd:formatSpecificationCitation>
                </mrd:MD_Format>
            </mri:resourceFormat>
        </mri:MD_DataIdentification>
    </mdb:identificationInfo>
</mdb:MD_Metadata>