The scale of our business means we can continue to generate further efficiencies through the combination of our water assets and our crop and farming assets while also seeking further opportunities to expand our operations into specific areas.
A significant component of this entitlement holding resulted from the acquisition of Kooba along the Murrumbidgee and the subsequent acquisitions of Tandou and Bengerang with significant water entitlements in the Murray Darling Basin.
Our portfolio is a complementary mix of high and general security water with supplementary and groundwater entitlements.
This scale, diversity and surety of our water holdings underpins our competitive advantage, in providing crop diversity, maximising crop yield and developing further growth opportunities across our business.
Webster owns a diverse portfolio of over 200,000 megalitres of water entitlements, stretching from southern Queensland, through New South Wales to northern Victoria and Tasmania.
It’s also fundamental to our strategy of streaming water to areas where we can generate greatest return for each megalitre of water applied. This is particularly relevant for us because our major walnut and cotton crops are complementary; walnuts are perennial while cotton is an annual crop.
We continually refine our portfolio mix of water to ensure it best meets our farming and cropping activities.
Additionally, we are able to extract further value by exploiting opportunities in water markets.