Three of Australia’s wealthiest private schools got double the federal funding they were entitled to last year

More than 1,000 private schools were overfunded by the commonwealth despite reforms to tackle itGet our morning and afternoon news emails, free app or daily news podcastThree of Sydney’s wealthiest private schools received double the federal funding they were entitled to last year under the official resource standard, new data shows, despite the introduction of reforms to tackle overfunding.Under the current school funding agreement, struck in 2019, the commonwealth is meant to contribute 80% of the Schooling Resource Standard (SRS) for private schools, while state and territory governments are responsible for the remaining 20%. The split is reversed for public schools. Continue reading...

Apr 16, 2024 - 21:30
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Three of Australia’s wealthiest private schools got double the federal funding they were entitled to last year

More than 1,000 private schools were overfunded by the commonwealth despite reforms to tackle it

Three of Sydney’s wealthiest private schools received double the federal funding they were entitled to last year under the official resource standard, new data shows, despite the introduction of reforms to tackle overfunding.

Under the current school funding agreement, struck in 2019, the commonwealth is meant to contribute 80% of the Schooling Resource Standard (SRS) for private schools, while state and territory governments are responsible for the remaining 20%. The split is reversed for public schools. Continue reading...

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