QTC’s term-funding requirement increases following mid-year review

On 19 December, Queensland Treasury Corporation (QTC) revealed its term-funding programme for 2017/18 has been increased by A$200 million (US$153.4 million) following the Queensland government’s mid-year fiscal and economic review. The increase brings QTC’s total requirement for the year to A$7 billion, of which the treasury corporation confirms it has already raised A$6 billion.