Record funding grows by more than $1 billion each and every year.
Quality Schools package
The Quality Schools package will deliver an additional $25.3 billion in recurrent funding for Australian schools over the next ten years, compared to the policy settings at the 2016-17 Budget.
The Australian Government wants a high-quality school system. One that gives all children the educational opportunities they need to reach their full potential and helps the nation to prosper.
Quality Schools is about ensuring the Australian Government’s record investment in schools is used effectively. It focusses on quality teaching and programs that evidence shows will boost schooling results, giving our students the skills and knowledge they need to live and work in our future world.
More funding for Australian schools
From 1 January 2018, the Australian Government's Quality Schools package will see recurrent school funding grow to record levels, increasing by more than $1 billion every year for the next ten years.
This is real growth, with average funding per student projected to increase faster than inflation.
The Australian Government will invest a total of $249.8 billion in recurrent school funding over the next ten years. Recurrent funding will grow from $17.5 billion in 2017 to $31.1 billion in 2027.
Funding will be based on need
Under the Quality Schools package, Commonwealth funding will be based on the Schooling Resource Standard (SRS), which was a central recommendation of the 2011 Review of Funding for Schooling, chaired by Mr David Gonski AC.
The SRS is made up of a base funding amount for every student plus six additional loadings that provide extra funding for disadvantaged schools and students. It means that funding is calculated based on the needs of students and schools.
By 2027, the Australian Government will contribute a consistent share of the SRS for all government schools, and a consistent share of the SRS for all non-government schools (Catholic and independent schools).
Funding will support quality outcomes
Under the Quality Schools package, funding will be tied to evidence-based reforms to support better outcomes in Australian schools.
The Government established the new Review to Achieve Educational Excellence in Australian Schools, led by Mr David Gonski AC, to advise how funding should be invested to support quality education in Australian schools.
The outcomes of the review will help shape a new agreement between states and territories and the Commonwealth in 2018 on changes to improve schooling outcomes.
The Quality Schools fact sheets explain the schools reform package in more detail.