{"id":100656,"date":"2025-01-26T07:10:00","date_gmt":"2025-01-25T20:10:00","guid":{"rendered":"https:\/\/en.econostrum.info\/au\/?p=100656"},"modified":"2025-01-25T20:29:42","modified_gmt":"2025-01-25T09:29:42","slug":"federal-government-boosts-education-funding","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/au\/federal-government-boosts-education-funding\/","title":{"rendered":"Federal Government Boosts Education Funding for Victoria and South Australia"},"content":{"rendered":"\n

Victoria and South Australia<\/strong> have achieved a significant milestone in education funding<\/strong>, securing a landmark 5% increase<\/strong> in federal funding<\/strong> for public schools<\/strong>.<\/p>\n\n\n\n

The move brings both states closer to fully funding public schools by 2034<\/strong>, setting a new benchmark in education reform<\/strong>.<\/p>\n\n\n\n

Meanwhile, Queensland<\/strong> and New South Wales<\/strong> remain in negotiations, with both states yet to commit to the historic federal education agreement<\/strong>.<\/p>\n\n\n\n

The Funding Gap : Addressing Longstanding Disparities<\/h2>\n\n\n\n

The newly secured agreement highlights a critical challenge in Australia\u2019s public education system<\/strong>: the persistent underfunding<\/strong> of public schools compared to their private counterparts<\/strong>.<\/p>\n\n\n\n

While private schools often receive more than their required funding, nearly 98% of public schools<\/strong> remain underfunded, according to the Australian Curriculum, Assessment and Reporting Authority (Acara)<\/strong>.<\/p>\n\n\n\n

This disparity has left public school students at a disadvantage, particularly those in underserved communities or with additional learning needs<\/strong>. Addressing this inequity has been a longstanding goal of education reform<\/strong>.<\/p>\n\n\n\n

Current Funding Structure<\/h3>\n\n\n\n

Under the previous arrangement established by the Coalition, states and territories provided 75% of public school funding<\/strong>, with the commonwealth contributing 20%<\/strong>, leaving a 5% shortfall<\/strong> in meeting the Schooling Resource Standard (SRS). <\/p>\n\n\n\n

The SRS, introduced during the Gonski reforms, represents the baseline funding required to deliver a quality education to all students.<\/p>\n\n\n\n

Key highlights of the existing funding model :<\/p>\n\n\n\n