SAFA posts eased funding requirement as mid-year budget-update round begins

South Australian Government Financing Authority (SAFA revealed on December 8 that its funding requirement for 2015/16 has fallen by A$500 million (US$363.1 million). The announcement, which revises SAFA's funding requirement for the current financial year to A$3.7 billion, marks another sign of easing issuance in the Australian semi-government sector.