The Bureau has the following functions in addition to its functions under the Meteorology Act 1955 :
(a) collecting, holding, managing, interpreting and disseminating Australia's water information;
(b) providing regular reports on the status of Australia's water resources and patterns of usage of those resources;
(c) providing regular forecasts on the future availability of Australia's water resources;
(d) compiling and maintaining water accounts for Australia, including a set of water accounts to be known as the National Water Account;
(e) issuing National Water Information Standards;
(f) giving advice on matters relating to water information;
(g) undertaking and commissioning investigations to enhance understanding of Australia's water resources;
(h) any other matter, relating to water information, specified in the regulations.