The Financial Partner for Local Government

Providing investment and lending solutions to South Australian Government since 1984.

Who We Are

Local Government Finance Authority of South Australia (LGFA)

The Local Government Finance Authority of South Australia (LGFA) proudly and exclusively serves South Australian Councils and Local Government Bodies. It has done this with distinction since being established under the Local Government Finance Authority Act, 1983 as a body corporate.

The LGFA is administered by a Board of Trustees, and works for the benefit of Councils and other Local Government Bodies within South Australia. It is not part of the Crown, nor is it an agency or instrumentality of the Crown.

Products & Services

We Offer A Range Of Competitive Loan And Investment Products To Our Members

Fee Free Borrowing

The LGFA provides access to competitive loan rates to the Local Government sector.

An expansive range of borrowing options is available, for example:

  • Fixed rate amortising loans
  • Cash advance debenture loans
  • Interest only loans
  • Structured Loans

Secure Investments

Councils can place funds with the Authority on the following terms:

  • At Call Deposits (24 hour)
  • Short Term Deposits (30-180 days)
  • Long Term Deposits (1-5 years)

Fixed Rate Credit Foncier Borrowings

Fixed Credit Foncier borrowings are a loan with equal repayments (usually semi-annual) comprising principal and interest, over the life of the loan and where all the principal is repaid over the life of the loan.

Fixed Rate Interest Only Borrowings

Fixed Rate Interest Only Borrowings are loans where only interest is paid over the life of the loan.

Split Term Fixed Rate Credit Foncier Borrowings

Is a loan where a residual or balloon repayment is required to be repaid or refinanced at maturity, as the periodic repayments do not fully repay the principal amount during the term of the loan.

Low Start Fixed Rate Credit Foncier Borrowings

Is a loan where the initial payments (which may be zero) do not fully cover the principal and interest.

Convertible Cash Advance Debenture Facilities (CCAD)

These are very flexible facilities that can be used as a floating rate facility or fixed for varied periods on an interest only basis.

Contact

We're Here To Help You With All Your Funding Needs

Contact Us

Monday to Friday / 8:30 AM - 5:00 PM

Our Location

Suite 1205, 147 Pirie St

Adelaide, SA 5000

Phone Number

08 8223 1550

Toll Free for country callers:

1800 188 045

Email Address

[email protected]

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