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• This paper extends the residual mass concept to propose a new method to quantify water availability. • The method automates the identification of deficit periods in the residual mass curve. • The method is validated against SPI and streamflow for Australia. Water supply management for hydroclimatic extremes has commonly been analysed using the cumulative difference between inflow and demand, a concept known as the Residual Mass Curve. This paper extends the residual mass concept to develop a new method to quantify water availability, termed the Residual Mass Severity Index (RMSI). The RMSI improves on the Residual Mass Curve by allowing extreme deficit periods to be easily identified without the need for manual inspection of the Residual Mass Curve. Another advantage of the RMSI is that it does not require a temporal window to be specified to characterise extreme deficit periods, which is needed for many drought indices such as the Standardized Precipitation Index (SPI). This paper develops the method for calculating the RMSI using precipitation time series and compares it to the SPI for different drought durations across Australia. Major hydroclimatic extremes during the instrumental period are assessed using RMSI, SPI, and by comparing the RMSI estimates with streamflow data from 467 catchments with varying sizes and climate across Australia. RMSI is a useful index for water managers interested in assessing water availability with potential applicability in summarising the features of historical hydroclimatic extremes as well as future changes in water availability due to anthropogenic climate change. [ABSTRACT FROM AUTHOR]

[Display omitted] • Wildfires are becoming more severe and frequent and their effects increasingly expose water resources to stress. • Climate, wildfire, streamflow records (1975 to 2018), topography, and landcover data from 92 catchments were combined to quantify the contribution of wildfire to streamflow variability across Australian temperate forests. • On average wildfire regimes relatively results in 8.8% increases in streamflow across Australian temperate forests. • Wildfire effects on regional streamflow varied spatially depending on hydroclimate factors, particularly precipitation. As wildfires become more frequent and severe, there are concerns regarding their impacts on water yield from forested catchments. While there are many studies in Australia about the effects of individual wildfires on streamflow at fine scales (<1 km2) in specific geographic settings, the effects of wildfire regimes on streamflow at broad spatial scales across temperate forests in Australia are not well understood. In this paper, we combined climate, wildfire, streamflow records (1975 to 2018), topographic, and landcover data from 92 catchments (74 – 4740 km2) in the Australian temperate zone to quantify the contribution of wildfire regimes over time to streamflow variability in different hydroclimatic settings (humid, dry sub-humid, and semi-arid) and geographic regions (Southeast Australia (SEA), Southwest Western Australia (SWWA), and Tasmania (TAS)). Wildfire regimes were represented by two metrics: the burnt area to drainage area (BDA) ratio for wildfire events in each year and a spatially averaged metric of Time Since Fire (TSF), which is a spatial average of time since the last wildfire in the catchment. By comparing prefire and postfire runoff ratios our study found that on average there was a short-term increase in runoff ratio (∼3% in year 1 and ∼6% in year 2 post-fire) after wildfires with BDA > 25%. No influence of fire was found in the long-term (15–20 years after the wildfire) runoff ratio. We found that wildfire regime, measured by TSF, explained ∼8.8% of the variation in annual streamflow across the Australian temperate zone, and that with decreasing TSF (i.e., increased wildfire impact), the average streamflow increased. Streamflow variation explained by wildfire regimes varied with hydroclimate. The explained variance of streamflow by wildfire regimes in semi-arid catchments (23%) and dry sub-humid catchments (13%) were higher than humid catchments (5%). Our results provide a broad-scale understanding of how wildfire regimes influence streamflow variability at broad temporal and spatial scales, and provided important context and baseline information for determining the implications of changes in climate and fire regimes for regional water availability. [ABSTRACT FROM AUTHOR]