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Use of debt: common questions and answers

October 24th, 2018|Council Information, News|

Click LGFA Q & A to Print

Q    Why does a council need debt?

A
Using debt, is an effective way to provide services and infrastructure without the need for dramatic rises in council rates and to effectively spread the repayment of the cost of the assets  over  the ratepayers who will benefit from […]

Financial Market Update September 2018

October 9th, 2018|News|

Financial Market Conditions

Global financial markets were relatively stable over the past month as emerging market contagion fears subsided.

Fears of a broader emerging markets economic crisis dissipated over the past month after Turkey lifted its benchmark interest rate by 6.25% to 24%. While this move stabilised its currency the long-term prospects for the Turkish economy are […]

Financial Market Update August 2018

September 11th, 2018|News|

Financial Market Conditions

Global financial markets saw some volatility over the past month primarily driven an emerging economic crisis in Turkey and contagion fears associated with emerging economies.

Early in the month, tension between the US and Turkey saw the US impose higher tariffs on Turkish aluminium and steel imports. These actions placed pressure on the already […]

Financial Market Update July 2018

August 8th, 2018|News|

Financial Market Conditions

Global financial markets were relatively stable over the past month with trade tensions between the US and China remaining the only real point of friction.

Trade tension between the US and China simmered over the past month with reports of different parts of the US economy benefiting and suffering as a result of trade […]

Financial Market Update June 2018

July 10th, 2018|News|

LGFA Financial Market Conditions

Global financial markets were relatively stable over the past month although recent trade tensions between the US and China re-emerged.

In mid-June the US Federal Reserve increased their reserve rate by 0.25% to range between 1.75-2%. The move was widely anticipated, however, markets were surprised by the Fed’s projection that it may need […]

Financial Market Update May 2018

June 8th, 2018|News|

LGFA Financial Market Conditions

Global financial markets saw some volatility over the past month due to political instability in Italy and renewed concerns about the state of the European Union.

Recent Italian elections did not produce a clear winner with a complex structure of coalitions and alliances finally forming a government led by a former law professor […]

Financial Market Update April 2018

May 8th, 2018|News|

Financial Market Conditions

Global financial markets were relatively stable over the past month as recent tension between the US and China regarding trade and tariffs simmered.

Over the past month the US and China stopped placing tit-for-tat tariffs on differing industries as both nations came to the realisation that nobody wins in a trade war. Recent tension […]

Leadership in Strategic Financial Management Award

April 20th, 2018|News|

LG Professionals SA Gala Awards Dinner

On Friday the 6th of April 2018, the Local Government Professionals met at the Entertainment Centre to celebrate team and individual performances across the sector.

Paul Slater CEO of the LGFA opened the dinner and spoke about the great work being done by the LG Professionals and the ongoing financial support we provide.
The […]