Jun 4, 2026 – 11.59pmThe Minns government will tap former Reserve Bank governor and current Macquarie Group chairman Glenn Stevens to helm NSW’s $125 billion investment arm as it prepares to search international markets to refinance debt.Treasurer Daniel Mookhey is expected to announce on Friday that the NSW Treasury Corporation will be given permission to issue billions of dollars of debt in international currencies in a bid to secure more attractive interest rates.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
NSW taps Macquarie Group chair to head investment arm
Glenn Stevens will chair the NSW Treasury Corporation and it will get permission to issue debt in international currencies as NSW struggles with borrowing costs.
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