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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 […]

What will Rate Capping mean for South Australian Councils?

April 20th, 2018|News|

What will Rate Capping mean for South Australian Councils?

Now that it is more likely that a rate capping scheme will be legislated, it is an opportune time to consider the implications to the Local Government Sector.
The question we are all asking is, what effect will a cap have on the services that Councils provide and […]

State Local Government Infrastructure Partnership

December 20th, 2017|News|

Local Government and the State, working together

The State Local Government Infrastructure Partnership (SLGIP) is well on its way, with 32 projects having a total value of $122.2 million. This is another great example of local and state government working in partnership to drive economic development. Successful Councils will receive a grant from the State Government […]

LGFA providing value to SA Local Government

December 20th, 2016|News|

LGFA providing value to SA Local Government

The Local Government Finance Authority (LGFA) is an important part of the South Australian Local Government Community. We were established in different economic times, however we remain relevant because we still provide competitive products to our members.
Why deposit your surplus funds with the LGFA?

  • We pay competitive market […]

    LGFA Loans to Councils

    April 20th, 2016|News|

    Loans to Councils

    Because of our mutual nature and support from the State Government, the LGFA is able to provide market-leading lending rates to Councils and Prescribed bodies.  The following LGFA loan products are innovative and often difficult to obtain from other lenders.

    • Cash Advance Debenture Products are floating rate, come and go facilities that […]

      Local Government Finance Authority pays $2m dividend to councils

      October 23rd, 2014|News|

      Local Government Finance Authority Chief Executive Officer Paul Slater   Source:  Supplied

      By:  GIUSEPPE TAURIELLO                              From:  The Advertiser,  October 21 2014               

      The state’s local councils will share a record $2 million dividend from the profits earned by their financier, with a further $1.54 million made available for local government research and development projects.

      The […]