1. This water accounting report has been prepared and presented in accordance with the Australian Water Accounting Standard 1, with the following exceptions:
- No Assurance Statement was prepared because the standard for, and practice of, assurance of water accounting reports have yet to be developed.
- Notes on the quantification approaches and levels of uncertainty are incomplete because the knowledge base is often inadequate.
- No information is disclosed about material events that occurred after 30 June 2012, such as extreme precipitation and significant water rights purchases. This information is publicly available elsewhere.
- Some groundwater asset changes have been recognised in the Statement of Changes in Water Assets and Water Liabilities, without a corresponding groundwater asset volume being recognised in the Statement of Water Assets and Water Liabilities. This is because some groundwater flows and levels could be quantified, but storage volumes could not.
- A volume for recharge from the landscape to groundwater has been recognised, even though its quantification is incomplete, in order to not inflate unnecessarily the unaccounted-for-differences.
- The volumes of water assets and water liabilities including the volumes of changes to water assets and water liabilities that failed the recognition criteria were reported in the water accounting statements with dashes ('–') in order to highlight data and knowledge gaps that may affect the water accounting statement balances.
2. The report has been compiled from the best data available, as detailed in the water accounting statement Notes, in the time available to compile it from a number of sources. Some data quality compromises have been made by the Bureau of Meteorology for the sake of a nationally-consistent approach to report preparation and presentation.
3. All significant and specific interpretations of the Australian Water Accounting Standard 1 for the purpose of the preparation of this report are explained in the water accounting policy Notes. The Bureau of Meteorology is responsible for these interpretations.
Assistant Director, Water Information Services
Bureau of Meteorology
18 July 2013