How we help

Our Purpose

We are dedicated to being the leading provider of finance solutions to South Australian councils and prescribed local government bodies. We offer a range of competitive loan and investment products to our members.


Our Services:

  • Fee Free Borrowing
  • Secure Investments


Fee Free Borrowing

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

LGFA do not charge fees for its lending services and provide terms up to 15 years.

Borrowers will also participate in the LGFA's annual bonus payment based on their average loan business with the LGFA.

Councils obtain loan funds secured by a debenture charge over their general revenue.

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

Fixed rate amortising loans
These fixed rate interest loans are repaid with equal instalments of principal and interest for the term of the loan.
These loans provide borrowers with interest rate and repayment certainty for the term of the loan.

Cash advance debenture loans
These facilities provide loan funds accessibility on a variable rate basis, offering the flexibility for borrowers to only pay interest when the facility is used.

There is also the ability to fix rates for periods of up to five years interest only as part of this facility.

Interest only loans
Provide for instalments of interest and repayment of principal at the completion of the loan term.

Structured Loans
Tailored to meet the individual borrower’s needs.



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)

Funds on deposit will earn a competitive interest rate return and will participate in the LGFA’s annual bonus payment to councils and prescribed bodies. These bonus payments are based on the average deposit and loan business each individual client conducts with the LGFA.

Deposits are safe and secure as under the Local Government Finance Authority Act 1983 all deposit funds are guaranteed by the Treasurer of South Australia.

Councils can advise the Authority of their lodgement and withdrawal instructions via the LGFA online portal.  The LGFA will direct debit or instantaneously transfer funds to a council bank account as requested.