Local Councils

TCorp delivers excellence in financial markets for local councils. We offer debt financing as well as investment opportunities in the TCorpIM Core Funds for local council clients, drawing upon our financial markets’ expertise and significant economies of scale. As a NSW Government entity, we have a unique understanding of our clients and share a genuine alignment of interests with local councils.

For More Information Contact

Local Government Services

T: +61 2 9325 9251

Contact

Borrow

TCorp offers loan facilities to NSW local councils seeking funding for projects which make up part of their annual capital expenditure program. Loan facilities with competitive rates are available to local councils who qualify (or have an approved plan in place to qualify under the NSW Government's financial sustainability benchmarks) and satisfy TCorp’s credit criteria.

Low Cost Loans Initiative for councils

TCorp can provide councils with loans for the Low Cost Loans Initiative. This initiative helps local councils to borrow up to $500 million for infrastructure that enables new housing supply by halving the cost of interest on their loans. This allows councils to bring forward delivery of planned infrastructure in new housing areas. Click here to see recent press about these loans, and councils that have accessed them.

Invest

TCorp offers investment opportunities through TCorpIM Core Funds, which cater for a variety of investment objectives, timeframes and risk appetites.

Our funds fall within the eligible forms of investment for local councils under the Ministerial Investment Order and include our Cash Fund, Short Term Income Fund, Medium Term Growth Fund and Long Term Growth Fund.

We recommend that all local councils considering investing in TCorpIM Funds obtain independent legal and financial advice prior to investing to ensure they have a complete understanding of the risks attached to these investment products and that they invest in products consistent with their risk appetite.

We also have a Bank Term Deposit Distribution Service that allows clients access to competitive deposit rates from a panel of Australian banks.

Our clients can access their balances, apply for loans, make investments and view reports in one secure location through the TCorp Client Portal.

Our goal is to work in partnership with local councils and draw on our expertise in financial markets and risk management to provide commercial and prudent solutions for our clients. Our products and services are designed to meet the needs of the NSW public sector, with a strong focus on risk tolerance, governance and due diligence.

To learn more about how TCorp can help you, contact the Local Government Services team.

Services for Local Councils

Describes the services offered by TCorp to local councils.
 

Loan Facility Application

Use this application form to apply for a local council loan from TCorp.
 

Loan Application Checklist

Use this checklist to make sure you provide all the documentation required for TCorp to process your council's loan application.

TCorp Client Portal Access and Authority Form

Complete this form to register for access to the TCorp Client Portal and to register Authorised Users for your TCorp account(s).

Loan Facilities Guidelines

These guidelines provide the policy framework and outline the application procedures for local councils seeking to borrow funds from TCorp.

Loan Facility Drawdown Procedures

Describes the drawdown procedures (after completion of all documentary formalities).
 

New Account Form
 

Complete this form before Council's first transaction with TCorp.