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More Australian Government funding for our schools for a better quality education system.
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.
To find out what this means for your school, use the school funding estimator.
The Australian Government is committed to a high quality school system in which all children have the educational opportunities they need to reach their full potential.
Quality Schools is about ensuring the Australian Government’s record investment in schools is used effectively. It is about focussing on quality teaching and the programs that evidence shows will boost our school and student results. It is about giving our students the skills and knowledge that they need to live and work in an increasingly globalised and digital world.
More funding for Australian schools
On 23 June 2017, amendments to the Australian Education Act 2013 passed through the Federal Parliament to give effect to the Australian Government's Quality Schools package.
Under the package, the Australian Government will invest an extra $25.3 billion in recurrent funding for schools over the next ten years, compared to the policy settings in the 2016-17 Budget.
Total investment over the next ten years will be $249.8 billion, with recurrent funding growing year on year – from $17.5 billion in 2017 to $31.1 billion in 2027.
The package provides real growth in funding, with average funding per student projected to grow faster than inflation.
This funding growth will give schools the ability to continue and to expand successful programs such as specialist teaching and targeted interventions for children falling behind.
Funding will be based on need
Under the Quality Schools package, Commonwealth funding will be based on the Schooling Resource Standard (SRS), which is made up of a base amount for every student and six loadings that provide extra funding for disadvantaged students and schools.
The SRS was a central recommendation of the 2011 Review of Funding for Schooling, chaired by Mr David Gonski AC.
Currently the Australian Government contributes varying shares of the SRS for different schools in different states.
The Quality Schools package means that funding will be based on need. Students with the same needs in the same school sector will receive the same support from the Australian Government.
By 2027, the Australian Government will contribute a consistent share of the SRS for all schools in the government sector (government schools), and a consistent share of the SRS for all schools in the non-government sector (Catholic and independent schools).
Funding will support quality outcomes
Under the Quality Schools package, funding will be tied to evidence-based reforms proven to support quality in Australian schools. In return for receiving funding from the Australian Government, states and territories will need to deliver reforms to support better outcomes.
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 create quality schools.
The outcomes of the review will inform the development of a new national schooling agreement in 2018, which will set out schooling reform priorities for Australia.