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Goulburn Murray Rural Water Corporation 2025-26 annual report

Annual report 2025-26 · Victoria · Released

Total expenses
$232.6 million
Printed as $232,648 thousand · Report, page 76
Total revenue from operating activities
$164.4 million
Printed as $164,391 thousand · Report, page 76
June 2026
531 people
Report, page 52

Summary

The report's own summary: A Message from the Chair and Managing Director, pages 7 to 8

Generated summary: written by an AI model from the report text and checked against the cited pages.

  • The 2025/26 report from Goulburn-Murray Water covers its role in storing and delivering water in northern Victoria.

    annual report, page 2 · annual report, page 10

  • GMW reported launching an updated WaterLINE service for customers to manage water orders and advancing a new customer relationship and billing system.

    annual report, page 7

  • It reported delivering more than 850,000 megalitres to irrigators in northern Victoria.

    annual report, page 8

  • GMW reported a pre-tax loss of $68.3 million, including depreciation and amortisation of $88.7 million that its regulated revenue did not fully recover.

    annual report, page 33

In the body's own words

  1. Conclusion

    Customer satisfaction remained strong, reflecting the dedication of our people and our focus on continuous improvement.

    annual report, page 8

Finances 4

  • Total revenue from operating activities

    $164,391 thousand

    Column: 2026 $’000 · year ended 30 June 2026

    Printed as Total revenue from operating activities 164,391 172,371

    Report, page 76

  • Total expenses

    $232,648 thousand

    Column: 2026 $’000 · year ended 30 June 2026

    Printed as Total expenses 232,648 229,345

    Report, page 76

  • Employee expenses

    $65,323 thousand

    Column: 2026 $’000 · year ended 30 June 2026

    Printed as Employee expenses2 4.2.1 65,323 60,602

    Report, page 76

  • Net result for the year

    $(47,433) thousand

    Column: 2026 $’000 · year ended 30 June 2026

    Printed as Net result for the year (47,433) (39,786)

    Report, page 76

Staff 1

  • June 2026

    531 people

    Column: Total Number (headcount) · June 2026

    Printed as June 2025 474 439 35 461.80 67 65.20 541 June 2026 473 431 42 458.61 58 54.35 531

    Report, page 52

Executives and remuneration 7

  • Total

    10

    Column: No. · 2025/26

    Printed as SES 3 1 0 0 0 1 0 0 0 Total 10 0 6 0 4 0 0 0

    Report, page 54

  • SES 1

    1

    Column: All · 2025/26

    Printed as SES 1 1 0 0 0 1 0 0 0

    Report, page 54

  • SES 2

    7

    Column: All · 2025/26

    Printed as SES 2 7 0 5 0 2 0 0 0

    Report, page 54

  • SES 3

    1

    Column: All · 2025/26

    Printed as SES 3 1 0 0 0 1 0 0 0

    Report, page 54

  • Total number of executives

    11

    Column: 2026 $’000 · year ended 30 June 2026

    Printed as Total remuneration 3,502 3,539 Total number of executives 11 12

    Report, page 121

  • Total remuneration

    $3,502 thousand

    Column: 2026 $’000 · year ended 30 June 2026

    Printed as Termination benefits – 223 Total remuneration 3,502 3,539 Total number of executives 11 12

    Report, page 121

  • Total remuneration

    $4,048 thousand

    Column: 2026 $’000 · year ended 30 June 2026

    Printed as Compensation of Key Management Personnel 2026 $’000 2025 $’000 Short-term employee benefits 3,612 3,455 Post-employment benefits 356 354 Other long-term benefits 80 68 Termination benefits – 223 Total remuneration 4,048 4,100

    Report, page 122

Consultancies 14

  • total expenditure incurred during 2025/26

    $540,204

    2025/26

    Printed as The total expenditure incurred during 2025/26 in relation to these consultancies was $540,204 (excl. GST).

    Report, page 57

  • Fifteen50 Consulting

    $105,080

    Irrigation future strategy · Column: Received · 2025/26

    Printed as Fifteen50 Consulting Irrigation future strategy $254,130 $105,080 $149,050

    Report, page 57

  • Harc Services Pty Ltd

    $19,315

    Hydrology analysis · Column: Received · 2025/26

    Printed as Harc Services Pty Ltd Hydrology analysis $19,315 $19,315 –

    Report, page 57

  • Feehan Consulting

    $36,066

    Shepparton Irrigation Region Land and Water Management Plan Review · Column: Received · 2025/26

    Printed as Feehan Consulting Shepparton Irrigation Region Land and Water Management Plan Review $96,883 $36,066 $60,816

    Report, page 57

  • RM Consulting Group

    $47,909

    Strategy and Scenario Planning and Effluent Compliance · Column: Received · 2025/26

    Printed as RM Consulting Group Strategy and Scenario Planning and Effluent Compliance $111,018 $47,909 –

    Report, page 57

  • Dg Consulting (Aust)

    $21,323

    Drainage diversion strategy · Column: Received · 2025/26

    Printed as Dg Consulting (Aust) Drainage diversion strategy $50,000 $21,323 $28,677

    Report, page 57

  • Dam Consulting Services

    $32,085

    Dam safety design · Column: Received · 2025/26

    Printed as Dam Consulting Services Dam safety design $40,000 $32,085 $7,915

    Report, page 57

  • Hunter Geotechnical Pty Ltd

    $27,108

    Water storages reviews · Column: Received · 2025/26

    Printed as Hunter Geotechnical Pty Ltd Water storages reviews $40,000 $27,108 $12,892

    Report, page 57

  • Aecom Australia

    $3,033

    Water storages design and modelling · Column: Received · 2025/26

    Printed as Aecom Australia Water storages design and modelling $82,823 $3,033 –

    Report, page 57

  • SMEC Australia

    $46,795

    Water storages reviews · Column: Received · 2025/26

    Printed as SMEC Australia Water storages reviews $142,693 $46,795 –

    Report, page 57

  • NCEconomics Pty Ltd

    $59,420

    Cost Benefit Analysis · Column: Received · 2025/26

    Printed as NCEconomics Pty Ltd Cost Benefit Analysis $59,420 $59,420 –

    Report, page 57

  • Lovell Chen Pty Ltd

    $14,030

    Preliminary Heritage appraisal and advice · Column: Received · 2025/26

    Printed as Lovell Chen Pty Ltd Preliminary Heritage appraisal and advice $14,030 $14,030 –

    Report, page 57

  • Jacobs Group (Australia) Pty Ltd

    $120,050

    Ecological Assessments · Column: Received · 2025/26

    Printed as Jacobs Group (Australia) Pty Ltd Ecological Assessments $120,050 $120,050 –

    Report, page 57

  • NCEconomics Pty Ltd

    $7,990

    Environmental and economic advice Cost Benefit Analysis · Column: Received · 2025/26

    Printed as NCEconomics Pty Ltd Environmental and economic advice Cost Benefit Analysis $20,000 $7,990 $12,010

    Report, page 57

About the document

Edition
Current edition
Reading status
Read by OPAX
Pages
142
Figures not found in the report
Executive average remuneration; Head remuneration; Named remuneration; Staff fte