WATER held in spillable accounts in two Northern Victorian systems, is now available for use or trade.
The Resource Manager for the regulated water systems has declared there is a low risk of spill in the Goulburn and Campaspe systems.
However, there is no change to the risk of spill in the Murray system.
Resource manager Dr Mark Bailey said irrigators who have water in their spillable water accounts would have that water transferred to their allocation bank accounts for immediate use.
Dr Bailey said the combined effect of decreasing inflows and increased releases from Lake Eildon and Lake Eppalock during the past month led to the low risk of spill announcement.
In the Murray system about 20,000 megalitres has spilled from Victoria's share of Murray water, which reduced the amount in spillable accounts by 1.7 per cent.
The declaration threshold for the Murray may be crossed early next year.
The next risk of spill announcement will be on January 10.