Price history
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On this page:
- Average BushBroker Credit Agreement prices
- Ecological Vegetation Class
- Information sheets
- Further information
Landowners can approach the process in a number of ways:
- choose to negotiate directly with the permit holder or the permit holder’s agent
- nominate an agent to negotiate on their behalf
- nominate a set price to be posted for a fixed period of time
(NOTE: Landowners should contact BushBroker if they wish to nominate an agent or establish a set price)
Average BushBroker Credit Agreement prices
Prices for Native Vegetation Credits are set through the market. Because of the ‘like-for-like’ requirements for offsets, the market is segmented in terms of vegetation types, habitat types, conservation significance and bioregions. The demand for particular credit types will depend mainly upon the amount and location of approved clearing that requires offsetting.
Over 100 BushBroker Credit Agreements (Agreements) have been completed to date, and while these are across five Victorian bioregions, the majority of Agreements have been in the Victorian Volcanic Plains and Goldfields bioregions.
Table 1 provides a summary of the Agreements in these bioregions. This includes the approximate average price per Habitat Hectare and the range of prices per Habitat Hectare for 80% of the agreements in that bioregion. This information should be used with caution.
Table 1. Price history from Victorian bioregions between May 2006 and November 2009 (Agreements including Habitat Hectares only or Habitat Hectares plus Large Old Trees (80% of agreements).
Bioregion | Number of Agreements | Total number of Habitat Hectares | Average price per Habitat Hectare * (of total Agreements) | Habitat Hectare price range * (more than 80% of Agreements) |
Goldfields | 27 | 35.38 | $39,000 | $17,000 → $86,000 |
Victorian Volcanic Plain | 19 | 49.28 | $167,000 | $36,000 → $293,000 |
Gippsland Plain | 8 | 4.91 | $156,000 | $85,000 → $250,000 |
Other bioregions | 10 | 6.76 | $80,000 | $16,000 → $157,000 |
| CAUTION: BushBroker prices are based on one-on-one negotiation between landowners and permit holders. They are all based on agreements requiring 10 years of active management with permanent protection, and they also may reflect the urgency for the permit holder of sourcing an offset and the level of competition in the market. | ||||
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Table 2. Price history between May 2006 and November 2009 - Agreements including Large Old Trees only (80% of agreements).
Bioregion | Number of Agreements | Total number of Habitat Hectares | Average price per Habitat Hectare * (of total Agreements) | Habitat Hectare price range * (more than 80% of Agreements) |
All bioregions | 12 | 426 | $1,000 | $300 → $2,900 |
| CAUTION: BushBroker prices are based on one-on-one negotiation between landowners and permit holders. They are all based on agreements requiring 10 years of active management with permanent protection, and they also may reflect the urgency for the permit holder of sourcing an offset and the level of competition in the market. | ||||
Ecological Vegetation Classes included in price summary
The following list of Ecological Vegetation Classes from these bioregions have been used in the price summary:
Goldfields: Ridged Plains Mallee, Heathy Woodland, Grassy Woodland, Box Ironbark Forest, Low Rises Grassy Woodland – with Medium, High and Very High (mostly Very High) conservation significance
Victorian Volcanic Plains: Plains Grassland, Plains Grassy Woodland, Floodplain Riparian Woodland – with High and Very High conservation significance
How to calculate the Conservation Significance of an Ecological Vegetation Class please see Table 4 in the Native Vegetation Framework for Action
Of the agreements completed across the state (August 2009):
On average 2-3 Habitat Hectare and/or Large Old Tree agreements are completed over a month and on average 1 Over the Counter New Recruit Agreement is completed each week.
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Information sheets
The following information sheets have been prepared to help you through the BushBroker process:
BushBroker Information sheet number 1 - Introduction (PDF - 51 KB) BushBroker Information sheet number 2 - Landowner Frequently Asked Questions (PDF - 74 KB) BushBroker Information sheet number 3 - Process for landowners (PDF - 46 KB) BushBroker Information sheet number 16 - Over the counter (PDF - 44 KB) BushBroker Information sheet number 17 - Developing a price (PDF - 47 KB) BushBroker Information sheet number 20 - Process for permit holders (PDF - 53 KB) BushBroker Information sheet number 21 - Frequently Asked Questions - Permit holders (PDF - 89 KB) BushBroker Information sheet number 22 - Fees and services (PDF - 112 KB) Further information
For further information on BushBroker, please contact the DSE Customer Service Centre on 136 186. All BushBroker Information Sheets are available on the BushBroker home page. Alternatively you can email BushBroker: the.bushbroker@dse.vic.gov.au.
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Please note: Document(s) on this page are presented in PDF format. If you do not have the Adobe Reader, you can download a copy free from the Adobe web site.