{"id":102074,"date":"2025-03-05T07:30:00","date_gmt":"2025-03-04T20:30:00","guid":{"rendered":"https:\/\/en.econostrum.info\/au\/?p=102074"},"modified":"2025-03-05T00:16:02","modified_gmt":"2025-03-04T13:16:02","slug":"nsw-full-public-school-funding-by-2034","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/au\/nsw-full-public-school-funding-by-2034\/","title":{"rendered":"NSW Secures Full Public School Funding by 2034, Leaving Queensland Trailing Behind"},"content":{"rendered":"\n<p>New South Wales has finalised an agreement with the Commonwealth to fully fund its public schools by 2034, marking a major shift in national education funding. The deal will inject<strong> $4.8 billion<\/strong> into NSW public schools over the next decade, bringing the state in line with South Australia and Victoria, which secured similar agreements last month.<\/p>\n\n\n\n<p>Queensland now remains the only state yet to reach a deal, as negotiations with the federal government continue. The agreement ensures the Commonwealth will increase its share of public school funding from <strong>20% to 25%<\/strong>, addressing a long-standing funding gap that has been a point of contention between state and federal governments.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A Landmark Deal Reshaping School Funding<\/h2>\n\n\n\n<p>The agreement represents a significant departure from previous funding arrangements, under which states and territories contributed 75% of <a href=\"https:\/\/en.econostrum.info\/au\/aussie-parents-can-claim-up-to-1178-for-driving-kids-to-school-check-now\/\" data-type=\"post\" data-id=\"101605\">public school<\/a> funding, with the Commonwealth covering 20%, leaving a 5% shortfall.&nbsp;<\/p>\n\n\n\n<p>The new model, secured after months of negotiations, aligns <strong>NSW <\/strong>with the Schooling Resource Standard (<a href=\"https:\/\/www.education.gov.au\/recurrent-funding-schools\/schooling-resource-standard\" target=\"_blank\" rel=\"noopener\">SRS<\/a>), a benchmark set to ensure adequate school funding.<\/p>\n\n\n\n<p>According to Federal Education Minister Jason Clare, the additional funding will be tied to key education reforms, including individualised student support, evidence-based teaching, phonics and numeracy assessments, and mental health initiatives.&nbsp;<\/p>\n\n\n\n<p>Clare described the deal as &#8220;the biggest state in the country signing up,&#8221; highlighting its significance in ensuring <strong>equitable access<\/strong> to education.<\/p>\n\n\n\n<p>The agreement also eliminates certain accounting practices introduced under the previous Coalition government, which allowed states to classify non-school-related expenses\u2014such as capital depreciation\u2014as part of their education budgets.&nbsp;<\/p>\n\n\n\n<p>This adjustment aims to ensure that <strong>funding <\/strong>is used exclusively for school operations and student learning.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Queensland Left Behind as Other States Sign Agreements<\/h2>\n\n\n\n<p>With NSW joining<a href=\"https:\/\/en.econostrum.info\/au\/south-australia-hydrogen-plant-amid-tensions\/\" data-type=\"post\" data-id=\"101147\"> South Australia<\/a>, Victoria, Western Australia, Tasmania, the ACT, and the Northern Territory, Queensland now stands alone in not having signed a full-funding deal.<\/p>\n\n\n\n<p>Discussions between Queensland and the federal government are ongoing, with the state\u2019s Education Minister, John-Paul Langbroek, stating that negotiations are focused on securing &#8220;the best possible deal&#8221; before the current funding agreement expires in December.<\/p>\n\n\n\n<p>Queensland was granted a one-year rollover of its existing funding arrangement in December last year, <strong>ensuring financial stability <\/strong>while talks continue. However, pressure is mounting for the state to finalise a long-term agreement, as education unions and advocacy groups push for a resolution.<\/p>\n\n\n\n<p>The NSW Teachers Federation has welcomed the deal, calling it a &#8220;watershed moment&#8221; for public education. Its president, Henry Rajendra, stated that union members would &#8220;campaign vigorously&#8221; to defend the agreement in the lead-up to the <strong>next federal election<\/strong>, ensuring that funding commitments are upheld.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NSW has secured a landmark education deal that guarantees full funding for public schools by 2034, closing a long-standing financial gap. The agreement brings the state in line with other jurisdictions\u2014but Queensland remains the only holdout.<\/p>\n","protected":false},"author":10,"featured_media":102076,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-102074","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/102074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/comments?post=102074"}],"version-history":[{"count":5,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/102074\/revisions"}],"predecessor-version":[{"id":102097,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/102074\/revisions\/102097"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/media\/102076"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/media?parent=102074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/categories?post=102074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/tags?post=102074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}