The Federal Water Minister Senator Penny Wong said the buyback had purchased the corresponding of about 651 giga liters of water.
But the South Australian senator acknowledged a need of water in the Murray Darling Basin meant the buyback was yet to deliver important new flows.
"Obviously what is actually allocated in that right will be less and will depend on what State Governments allocate but that is the case across the basin," she said.
"Regrettably we are not seeing a lot of allocations because we have not got a lot of water but the significant thing is this water that will go to the rivers as and when water is available."
But the South Australian senator acknowledged a need of water in the Murray Darling Basin meant the buyback was yet to deliver important new flows.
"Obviously what is actually allocated in that right will be less and will depend on what State Governments allocate but that is the case across the basin," she said.
"Regrettably we are not seeing a lot of allocations because we have not got a lot of water but the significant thing is this water that will go to the rivers as and when water is available."
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