Now Ausgrid has been leased, it has repaid $9.5 billion of loans formerly provided by TCorp. As such TCorp’s funding requirement for 2016/2017 has just been substantially reduced. In June, it estimated it would require $7.1 billion to cover maturing bonds and other shortfalls of the NSW Government. This figures has now been reduced to $4.0 billion, with the balance of the $9.5 billion used to repay the NSW Government...