<?xml version="1.0" encoding="UTF-8"?>
<urlset xmlns="http://www.sitemaps.org/schemas/sitemap/0.9" xmlns:image="http://www.google.com/schemas/sitemap-image/1.1" xmlns:xhtml="http://www.w3.org/1999/xhtml" xmlns:video="http://www.google.com/schemas/sitemap-video/1.1">
  <url>
    <loc>https://www.speargrassconservation.au/market-insights</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2026-10-01</lastmod>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/900000-credit-demand-pipeline</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-10-01</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/21519b64-c49b-404b-af46-ff347d74f2f2/Graph2.png</image:loc>
      <image:title>Market Insights - 900,000+ credit demand pipeline - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/42c07ce5-1873-4775-abdd-41b31d4d5e37/Table+1.png</image:loc>
      <image:title>Market Insights - 900,000+ credit demand pipeline - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/next-wave-of-renewables-credit-demand</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-10-01</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/b10d6871-da67-4827-8690-9fe8aee05bd3/BOS_demand_by_sector_chart.png</image:loc>
      <image:title>Market Insights - Next wave of renewables credit demand - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/bam-changes-developer-implictions</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-10-01</lastmod>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/bam-changes-landholder-implications</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-10-01</lastmod>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/the-bcts-demand</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-10-01</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/500aafd9-2bfe-4c4d-93e3-54a62ed13a16/Table+1.1.1.png</image:loc>
      <image:title>Market Insights - The BCT’s Demand - Make it stand out</image:title>
      <image:caption>Table 1: BCT credit obligation distribution measures (Species are counted per species listed. Ecosystem figures combine the hollow-bearing tree present and absent lines for each offset trading group.)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/2d4c8b47-59f2-4891-87c8-fc796494e2f7/table+2.2.2.png</image:loc>
      <image:title>Market Insights - The BCT’s Demand - Make it stand out</image:title>
      <image:caption>Table 2: Top ten species by credit volume</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/08488449-2538-4694-a6df-cbcf47028752/Table3.3.1.png</image:loc>
      <image:title>Market Insights - The BCT’s Demand - Make it stand out</image:title>
      <image:caption>Table 3: Top five offset trading groups by credit volume</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/sodas-pop-a-fourth-pathway-for-satisfying-credit-obligations-gathers-pace</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-10-01</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/d191af04-60a8-41bb-9b49-b3a5a1a9b4f8/soda_cwo_june2026.png</image:loc>
      <image:title>Market Insights - SODAs pop: a fourth pathway for satisfying credit obligations gathers pace - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/cbbf2c45-f228-4b47-8886-5a4de820aa7a/Tabe2.1.png</image:loc>
      <image:title>Market Insights - SODAs pop: a fourth pathway for satisfying credit obligations gathers pace - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/q2-2026-market-update</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-08-31</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/61912384-9967-48dc-9b3d-468d33bdc699/Table+1.png</image:loc>
      <image:title>Market Insights - Market Update - NSW BOS Q2 2026 - Make it stand out</image:title>
      <image:caption>Table 1: Overall price trends in BOS markets</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/7db0fc3b-db0d-4c67-9e28-5a7238fca18a/Table+2.png</image:loc>
      <image:title>Market Insights - Market Update - NSW BOS Q2 2026 - Make it stand out</image:title>
      <image:caption>Table 2: Market activity trends in BOS markets</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/8ad2559d-d8a4-46ce-9800-fd770c1bf0c1/Table+3.png</image:loc>
      <image:title>Market Insights - Market Update - NSW BOS Q2 2026 - Make it stand out</image:title>
      <image:caption>Table 3: Most traded Offset Trading Groups in the last 12 months</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/63781338-0793-4432-88a1-526cdf989a02/Table+4.png</image:loc>
      <image:title>Market Insights - Market Update - NSW BOS Q2 2026 - Make it stand out</image:title>
      <image:caption>Table 4: Most traded species markets</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/we-valued-every-credit-in-the-market-and-the-results-are-eye-opening</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-08-31</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/d1af81f8-e510-4b44-9382-deccd0df450e/Graph+1.png</image:loc>
      <image:title>Market Insights - We valued every credit in the market and the results are eye-opening - Make it stand out</image:title>
      <image:caption>Figure 1: BOS Markets nominal and estimated present value</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/9dba3c8d-e3f9-4beb-83b4-60fb97a5d1a9/Graph2.png</image:loc>
      <image:title>Market Insights - We valued every credit in the market and the results are eye-opening - Make it stand out</image:title>
      <image:caption>Figure 2: Ecosystem present value percentage of nominal against year to clear supply</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/c259907c-f9c5-4d91-a764-e3ffb1d7f09d/Graog+3.png</image:loc>
      <image:title>Market Insights - We valued every credit in the market and the results are eye-opening - Make it stand out</image:title>
      <image:caption>Figure 3: Species present value percentage of nominal against year to clear supply</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/4390897f-807d-4762-adcd-9c0f20dd5048/Table+1.png</image:loc>
      <image:title>Market Insights - We valued every credit in the market and the results are eye-opening - Make it stand out</image:title>
      <image:caption>Figure 4: Markets with current present value cost recovery</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/1663357b-c8f5-4da5-9d0d-855ea4bd67cf/Table+2.png</image:loc>
      <image:title>Market Insights - We valued every credit in the market and the results are eye-opening - Make it stand out</image:title>
      <image:caption>Figure 5: Impacts of trade history and supply on present value</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/finding-the-best-supply-opportunities-in-species-credit-markets</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-08-31</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/48e8e9c8-ab91-4a3b-9c41-e31828eaf44a/Species1.2.png</image:loc>
      <image:title>Market Insights - Finding the best supply opportunities in species credit markets - Make it stand out</image:title>
      <image:caption>Figure 1: Species supply split between the total credit and the on-market credits</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/f92b7edd-2e2a-4783-9572-4d39f23f69c8/Species2.2png.png</image:loc>
      <image:title>Market Insights - Finding the best supply opportunities in species credit markets - Make it stand out</image:title>
      <image:caption>Figure 2: Species scheme market breakdown</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/d951cf78-725c-49ce-84d4-d71e07ba2e25/Species+2.png</image:loc>
      <image:title>Market Insights - Finding the best supply opportunities in species credit markets - Make it stand out</image:title>
      <image:caption>Figure 3: Species markets by supply tier</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/agressive-pricing-the-only-way-to-succeed-in-bct-tenders</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-08-31</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/44510662-3aa0-4faa-8ff3-98224c1d269d/BCT-graph.png</image:loc>
      <image:title>Market Insights - Aggressive pricing: the only way to succeed in BCT tenders - Make it stand out</image:title>
      <image:caption>Figure 1: BCT credit purchase value by Tender</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/f47123d1-b449-4cf3-abf9-288f81386bb1/BCT+%25+Table.png</image:loc>
      <image:title>Market Insights - Aggressive pricing: the only way to succeed in BCT tenders - Make it stand out</image:title>
      <image:caption>Figure 2: Breakdown of bids for each Tender</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/f548f75b-1195-46c3-969b-f6769e8b6ec7/BCT+OTG+bought.png</image:loc>
      <image:title>Market Insights - Aggressive pricing: the only way to succeed in BCT tenders - Make it stand out</image:title>
      <image:caption>Figure 3: Offset trading groups bought in all Tenders</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/c26e8c49-7bb6-4f2e-94d0-f79df9216e13/Never+Bought+BCT.png</image:loc>
      <image:title>Market Insights - Aggressive pricing: the only way to succeed in BCT tenders - Make it stand out</image:title>
      <image:caption>Figure 4: Non-offered trading groups with large bids to the BCT</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/the-most-important-conservation-outcomes-are-unlikely-to-be-funded-by-offset-demand</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-08-31</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/31287447-2ef2-459e-8455-4c9b1d43db1f/Table+1.png</image:loc>
      <image:title>Market Insights - The most important conservation outcomes are unlikely to be funded by offset demand - Make it stand out</image:title>
      <image:caption>Figure 1: Ecosystem markets triggering three principles</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/forecasting-future-credit-prices-in-the-bos-scheme</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-07-15</lastmod>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/forecasting-the-box-gum-woodland-inland-slopes-market</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-07-16</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/8b9f9d93-01c2-44e6-9e26-17ada3c7f781/Retirements.png</image:loc>
      <image:title>Market Insights - Forecasting the Box Gum Woodland (Inland Slopes) market - Make it stand out</image:title>
      <image:caption>Figure 1 — Annual credit retirements, White Box / Inland Slopes (2021–2026 YTD).</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/1402c747-5ca2-4862-bc75-1e608b4607af/Supply.png</image:loc>
      <image:title>Market Insights - Forecasting the Box Gum Woodland (Inland Slopes) market - Make it stand out</image:title>
      <image:caption>Figure 2 — Available supply by source: BCT, Supply Fund, major-project holdings, and likely-available credits.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/9b3ac339-e1aa-464c-a448-ccc277493adf/Market_History.png</image:loc>
      <image:title>Market Insights - Forecasting the Box Gum Woodland (Inland Slopes) market - Make it stand out</image:title>
      <image:caption>Figure 3 — Market history: transfer prices, 12-month rolling average, and BCF reference (Dec 2019 – early 2026).</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/9e5ef7e5-fb2c-4397-b197-8f1b7de31a08/Scenario+1.png</image:loc>
      <image:title>Market Insights - Forecasting the Box Gum Woodland (Inland Slopes) market - Make it stand out</image:title>
      <image:caption>Figure 4 — Scenario 1: credit price tracking economic indices to Q1 2031.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/5eaf3473-9c09-4bc1-911d-5ef606259f29/Price+trend+extrapolation.png</image:loc>
      <image:title>Market Insights - Forecasting the Box Gum Woodland (Inland Slopes) market - Make it stand out</image:title>
      <image:caption>Figure 5 — Scenario 2: trend continuation at three rates of decline.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/72b6a26d-6f1b-4e4b-8167-db533ab581d5/Combined+scenario.png</image:loc>
      <image:title>Market Insights - Forecasting the Box Gum Woodland (Inland Slopes) market - Make it stand out</image:title>
      <image:caption>Figure 6 — Scenario 3: economic factors and price trend combined.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/draft-biodiversity-offset-scheme-changes-for-developers</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-09-29</lastmod>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/draft-biodiversity-offset-scheme-changes-for-credit-holders</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-09-29</lastmod>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/draft-bos-changes-advisors</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-09-29</lastmod>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/acceptable-valuation</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-07-15</lastmod>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/offset-market-insights-q1-2026-market-update</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-07-15</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/d2ee0cad-8aa9-4541-8c13-f0d0e7f1e7fe/Q1+2026+Web+Banner.png</image:loc>
      <image:title>Market Insights - Offset Market Insights - Q1 2026 Market Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/1780357652975-892XFSRI9RUHH0O6HAHW/ato-logo-header.png</image:loc>
      <image:title>Market Insights - Offset Market Insights - Q1 2026 Market Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/3fbc5a0f-122f-4151-a028-dcbce7d100d0/NSW+Biodiversity.webp</image:loc>
      <image:title>Market Insights - Offset Market Insights - Q1 2026 Market Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/5b8b7638-ac33-4382-9293-782e332239d1/policy.webp</image:loc>
      <image:title>Market Insights - Offset Market Insights - Q1 2026 Market Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/50ca464d-715e-4dbf-9632-59cfe1542b0b/speargrass+logo+middle.png.webp</image:loc>
      <image:title>Market Insights - Offset Market Insights - Q1 2026 Market Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/many-markets-not-one</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-07-15</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/0b7f6b51-6bb0-4fff-9454-332f486f35c5/Map+L2.1+ProtectedAreasTerrestrial2024_v3.jpg</image:loc>
      <image:title>Market Insights - Many markets, not one. - Make it stand out</image:title>
      <image:caption>Figure 1. The 18 IBRA bioregions of New South Wales, with the NPWS reserve estate for context. The Biodiversity Offsets Scheme trades at the finer subregion level within them. Source: NSW State of the Environment, "Protected areas and conservation 2024" (NSW DCCEEW).</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/474f2c01-e2e7-4bef-aade-89b082e084bc/Transfer+Value+1.png</image:loc>
      <image:title>Market Insights - Many markets, not one. - Make it stand out</image:title>
      <image:caption>Figure 2. Cleaned BOS ecosystem transfer value by bioregion, year to March 2026. All bioregions with BOS data shown; coastal bioregions shaded darker. “nil” marks bioregions that hold credits but recorded no market trades</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/5b0d100d-2e83-4393-abe1-a95247dce721/average.png</image:loc>
      <image:title>Market Insights - Many markets, not one. - Make it stand out</image:title>
      <image:caption>Figure 3. Average price per credit by bioregion, year to March 2026. Averages are suppressed where fewer than 100 credits traded (shown “n/a”), as a handful of trades produce an unreliable mean.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/1e67e253-40ec-4d2b-8560-4464f958a535/Issued+Credits.png</image:loc>
      <image:title>Market Insights - Many markets, not one. - Make it stand out</image:title>
      <image:caption>Figure 4. Issued credits held (current register snapshot) versus credits traded on the market in the year to March 2026, by bioregion, in credits.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/cdb18d3f-dc11-460c-8c1f-299127c39113/Cleaned+transfer.png</image:loc>
      <image:title>Market Insights - Many markets, not one. - Make it stand out</image:title>
      <image:caption>Figure 5. Cleaned transfer value by year to March for the main trading bioregions</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/60453a60-2baa-43fd-a262-88dce7d0e542/Sydney+Basin.png</image:loc>
      <image:title>Market Insights - Many markets, not one. - Make it stand out</image:title>
      <image:caption>Figure 6. Sydney Basin transfer value by subregion and year. Cumberland (Western Sydney) dominates throughout.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/3b3ce406-06ff-4dd5-b6ef-f9a4fadc697f/Southeastern.png</image:loc>
      <image:title>Market Insights - Many markets, not one. - Make it stand out</image:title>
      <image:caption>Figure 7. South Eastern Highlands transfer value by subregion and year.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/2c9dccaa-855a-48ef-8332-8f45b58a7e11/North.png</image:loc>
      <image:title>Market Insights - Many markets, not one. - Make it stand out</image:title>
      <image:caption>Figure 8. NSW North Coast transfer value by subregion and year</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/how-nsw-species-credit-trading-has-changed</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-06-23</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/75087769-10b8-4c87-9f12-5cafba37793e/Species+Blog+1.png</image:loc>
      <image:title>Market Insights - How NSW species credit trading has changed - Make it stand out</image:title>
      <image:caption>Figure 1. Rolling twelve-month transferred volume (credits) against cleaned transaction count. Volume peaked in late 2025; transaction count kept climbing.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/05c7aad2-6ef1-4a8c-ac37-df95dc5db58a/Species+Blog+2.png</image:loc>
      <image:title>Market Insights - How NSW species credit trading has changed - Make it stand out</image:title>
      <image:caption>Figure 2. Distinct species transferred per calendar year. 2026 omitted as a part-year.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/5a60cc04-2398-4aaf-8df2-2bdedaf4c39c/Species+Blog+3+.png</image:loc>
      <image:title>Market Insights - How NSW species credit trading has changed - Make it stand out</image:title>
      <image:caption>Figure 3. Average credits per transfer by year. 2026 omitted as a part-year.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/1926662d-d2ff-4183-a0e1-672dbfa3e5ee/Species+Blog+4.png</image:loc>
      <image:title>Market Insights - How NSW species credit trading has changed - Make it stand out</image:title>
      <image:caption>Figure 4. Species credit obligations paid into the BCF (by quote year) against all species credits retired (by year).</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/pricing-or-valuing-credits</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-06-03</lastmod>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/q1-2026-update</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-06-02</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/382bb524-bc01-4b1e-a171-2f64a1f389e5/20206+Q1+price+update+table.png</image:loc>
      <image:title>Market Insights - Q1 2026 Market Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/f0b62a9f-463f-4049-b3ff-533fa9f93040/20206+Q1+vol+and+ret+update+table.png</image:loc>
      <image:title>Market Insights - Q1 2026 Market Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/ato-rulings-clarify-offset-credit-taxation</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-06-02</lastmod>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/developers-still-paying-too-much-for-offsets</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-06-02</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/ea9a84a6-cd19-42a9-b380-e52773c41d2a/1779003199290.jpg</image:loc>
      <image:title>Market Insights - Developers still pay the BCF  and miss out on savings - Make it stand out</image:title>
      <image:caption>Market strategies for developers in the NSW BOS market</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/ipart-bos-report-2025</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-06-01</lastmod>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/commonwealth-offset-standard</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-06-03</lastmod>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/queensland-reform-update</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-06-01</lastmod>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/about-biodiversity-credits</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-06-02</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/a7003af9-c2ae-4d56-bd91-b64d8a1d41ad/Blog+1.png</image:loc>
      <image:title>Market Insights - About Biodiversity Offset Credit Markets in New South Wales - Make it stand out</image:title>
      <image:caption>Breakdown of the Biodiversity Offset Scheme (BOS) Market</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/352360b0-1d33-4309-9457-127ea5f34c9b/Blog2.2.png</image:loc>
      <image:title>Market Insights - About Biodiversity Offset Credit Markets in New South Wales - Make it stand out</image:title>
      <image:caption>Price drivers for the Biodiversity Offset Market (BOS)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/bdb74ff6-71ce-4ae5-b3eb-6d9befb0193d/Blog3.jpg</image:loc>
      <image:title>Market Insights - About Biodiversity Offset Credit Markets in New South Wales - Make it stand out</image:title>
      <image:caption>Cost factors of a biodiversity offset credit.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/capital+gains+tax</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/trading</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/species+credits</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/data</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/methods</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/market+strategies</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/Australian+Government</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/retirement</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/EPBC</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/BSA</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/IPART</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/ecosystem+credits</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/policy</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/costs</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/development</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/tax</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/Market</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/offset+policy</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/reform</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/standards</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/volume</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/CGT</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/valuation</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/NSW</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/offsets</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/stewardship+site</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/consultation</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/pricing</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-insights/tag/Queensland</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/contact</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2025-12-11</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/973714ee-488e-4a10-a358-01e7c1a4b3e4/jade-stephens-LsrMOCtnDe4-unsplash.jpg</image:loc>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/home-1</loc>
    <changefreq>daily</changefreq>
    <priority>1.0</priority>
    <lastmod>2026-07-06</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/aceb6901-2dc1-4778-b454-ca08575f8f9c/troy-mortier-5Bt8rYTmffw-unsplash.jpg</image:loc>
      <image:title>Home</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/daa57754-5a54-4027-b3d1-56b9c3e86222/linda-xu-yCH2PXtwdwc-unsplash.jpg</image:loc>
      <image:title>Home</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/1765435060710-OYZARBJN2UCNQ2LB377T/unsplash-image-BBLCHJa2QlI.jpg</image:loc>
      <image:title>Home</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/7599f6d1-bcd8-4d22-b5f3-3d534130edb1/Screenshot+2026-05-18+at+11.12.55%E2%80%AFam.png</image:loc>
      <image:title>Home</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/d2ee0cad-8aa9-4541-8c13-f0d0e7f1e7fe/Q1+2026+Web+Banner.png</image:loc>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/696ed60b-2e21-4908-9b84-74a0f5775633/Darren+McKenzie.jpg</image:loc>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/services-1</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2026-06-01</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/5ec321c2af33de48734cc929/1618497259178-6XJGK9GR6YAVBQL5L519/20140301_Trade-151_012-2.jpg</image:loc>
      <image:title>Services</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/5ec321c2af33de48734cc929/1607694583486-2PQT0LQ193RL7MCB6DX4/20140228_Trade+151_0046.jpg</image:loc>
      <image:title>Services</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/47c61c44-fbc0-4013-a403-34defbf6a559/yarrowyck.png</image:loc>
      <image:title>Services</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/294d9f2e-f3f6-4432-99fa-b10bb6374cb2/wolfgang-hasselmann-rLV5gJIc5jI-unsplash.jpg</image:loc>
      <image:title>Services</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/07def9eb-b5b0-4676-bd3a-2c3515ec77e4/yarrowck-heights.png</image:loc>
      <image:title>Services</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/bcea86c3-1b0b-458b-aaf0-b1ca3e1b685d/Ginninderry+Vista.jpg</image:loc>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/about-1</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2026-06-01</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/ed928fe3-ec34-4383-a9f3-6fdbf473225a/1596416301830.jpg</image:loc>
      <image:title>About</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/b0e0737d-d9a5-4024-a781-461dc5a4876d/1685067773783.jpg</image:loc>
      <image:title>About</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/f8e7415b-bb22-4298-93e2-60a42cab5a39/1667269535444.jpg</image:loc>
      <image:title>About</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/e0396fd4-f2b5-4128-9417-c1b2d2f4dfee/1629288395232.jpg</image:loc>
      <image:title>About</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/018067b3-d823-4571-83fd-536317570e82/Spear-grass-pasture-scaled-1.jpg</image:loc>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/fdb27a74-3787-41bb-b43f-247acea2c0ee/WWT+Logo.png</image:loc>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/49f703a9-62ee-44e7-bd91-7f6da9ee3205/Photo%2B28-2-20%252C%2B2%2B53%2B28%2Bam.webp</image:loc>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/a0385865-d505-4ac5-ab75-7cd770ddb85e/Bio.png</image:loc>
    </image:image>
  </url>
  <url>
    <loc>https://www.speargrassconservation.au/market-intelligence-1</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2026-06-01</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/13482203-61af-40c5-96e9-ee9c87fb2c87/Q1+2026+Web+Banner.png</image:loc>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6938781b224e3f74a7a8f88c/bf19d5fd-981e-46bf-8c05-fe0b298699d4/shutterstock_1483650986.jpg</image:loc>
    </image:image>
  </url>
</urlset>

