Our history

The establishment of the NSW Government's OneFund initiative, bringing together several NSW investment funds to create a $47bn OneFund.

TCorp commemorates 40 years of delivering positive financial impact to the people of NSW. Since 1983, we have successfully raised over $240bn for the state through the issuance of bonds and delivered $1.8bn in dividends.

Six years after funds amalgamation, TCorp delivers $37.7bn in cumulative investment returns for the state. Raises $26.6bn to support NSW’s economic recovery from COVID-related impacts and lockdowns. Issues $1.3bn November 2023 Green Bond, bringing total bonds under the NSW Sustainability Bond Programme to $5.2bn over the past 3 years.

TCorp issues largest sustainability bond to date in Australia, raising $1.8bn during catastrophic bushfires. Record $27.8bn funds raised in debt markets to support the state through bushfires and the COVID-19 pandemic.

TCorp launches it inaugural Green Bond under the NSW Sustainability Bond Programme raising $1.8bn, the largest of its type ever issued in Australia. Funds management volumes increase to over $100bn, positioning TCorp as one of the largest asset managers in Australia.

TCorp retires a significant amount of state debt as a result of the NSW Government’s electricity asset transactions.

Funds amalgamation results in funds under management growing to $72bn, with the SAS Trustee Corporation and Insurance and Care NSW (icare) investment management activities combining with TCorp's.

TCorp's prudent approach to risk management results in it navigating the global financial crisis without credit losses. It generates a record dividend for NSW and significant interest savings for clients.

Debt management and advisory activities grow significantly in response to the NSW Government's establishment of state-owned corporations in the utilities sector.

TCorp launches TCorpIM Funds, facilitating investment on behalf of NSW entities and departments.

TCorp develops different types of bonds to attract offshore investors to NSW.

Treasury Corporation Act 1983 establishes TCorp as a central borrowing authority for the state to issue its own bonds and attract investors to NSW.