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Audit and assurance

Auditing and assurance review is a critical tool for the Murray–Darling Basin Authority (MDBA) in encouraging and monitoring compliance with the Basin Plan. Under the Water Act and the Basin Plan, the MDBA has a broad audit function with significant information gathering, inspection and investigation powers. The MDBA will undertake and publish its own monitoring, auditing and, if required, investigations, to provide the community with confidence that the Basin Plan reporting is accurate and implementation is on track. Audits and investigations may be undertaken as part of the annual work program, or they may be instigated in response to a specific incident or intelligence reports.

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2019 Water Trade Price Reporting Audit
Trade Price Audit overview

During 2018-19, the MDBA conducted a two-part audit of water trade price reporting. This first part of the audit assessed the effectiveness of the processes and procedures of each Basin state to collect, validate, record and report accurate water trade pricing information for the water year 2017-18. The second part of the audit assessed water traders compliance with the requirement to report accurate price information to their relevant approval authority in accordance with s12.48 of the Basin Plan.

Part 1 – MDBA audit of Basin states’ processes
Part 2 – Independent assurance report of individual trades
Summary of Part 2 Independent assurance report of individual trades
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Audit and assurance reports

In June 2018, the Murray-Darling Basin Authority and the Natural Resources Access Regulator conducted a review of the Northern Connectivity Event to assess the effectiveness of the governance and management arrangements, and operational activities, processes and procedures implemented to ensure compliance with the Temporary Water Restriction rules.

Review of the Condamine Alluvium Groundwater self-meter read process

In early 2019, the Murray-Darling Basin Authority conducted a review to assess the adequacy and effectiveness of the metering and monitoring processes for water licence holders in the Condamine Alluvium.

Published: 26 Oct 2018  •   MDBA reports