The Board is responsible for undertaking reviews of different parts of the funding model under the Australian Education Act 2013 (the Act). These reviews help ensure public confidence in the funding model and ensure states, territories and other approved authorities comply with their obligations under the Act.
Over time, the reviews undertaken by the Board will help to ensure the funding model is using the best available data and methodologies, as well as making sure funding is used in line with the Act.
On 1 November 2017, On 1 November 2017, the membership of the Board was announced.
The Board members are:
- Mr Michael Chaney AO (Chair)
- Emeritus Professor Denise Bradley AC (Deputy Chair)
- Professor Natalie Brown
- Professor Greg Craven AO
- Mr Bill Daniels AM
- Professor Stephen Lamb
- Professor Ken Smith
- Dr Alison Taylor
The Board's first priority was to review the funding arrangements for determining the capacity of non-government school communities to contribute to the operational costs of their school.
On 29 June 2018, the Board submitted its first report on its review of the socio-economic status score methodology.
On 20 September 2018, the Australian Government announced its response to the National School Resourcing Board’s (the Board’s) Review of the socio-economic status (SES) score methodology.
The next reviews expected to be undertaken by the Board will focus on the loading which delivers additional funding for students with disability, and the needs based funding arrangements of approved system authorities.