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 have remained relevant because we still provide competitive products to our members.
Why deposit your surplus funds with the LGFA?
The LGFA then uses Council Deposits, External Borrowings and LGFA reserves to fund loans to Councils and Prescribed Bodies around our State. Every dollar we source from the sector is a dollar we don’t need to borrow externally.
Loans to Councils:
Because of our mutual nature and support from the State Government, the LGFA are able to charge market leading lending rates to Councils and Prescribed bodies. The following LGFA loan products are innovative and often difficult to obtain from other lenders.
When you use LGFA services you receive:
When you use the LGFA, the local government sector benefits by:
Mailing Address: 5 Hauteville Tce EASTWOOD SA 5063 Phone: 8291-7990; Fax: 8451-1568 E-mail: email@example.com