Some council services will be unavailable over the Christmas and New Year break.
Check if you need to apply or order before Friday 19 December 2025.
The Local Government Act 2009 (amended in September 2011) allows us to borrow in foreign currency.
We have:
- a USD 10 billion Secured Medium Term Notes Programme
- an AUD 5 billion Australian Debt Issuance Programme
- a USD 2 billion Secured Euro Commercial Paper Programme.
This allows multi currency borrowings in offshore markets.
The USD Secured Medium Term Note Programme is listed on the Singapore Stock Exchange.
All foreign currency borrowings are fully hedged to eliminate currency fluctuations.
Offshore investors, like domestic investors, receive the benefit of the charge over our rates and rates revenue as security.