The Australian Government will provide record levels of funding to help improve outcomes for Aboriginal and Torres Strait Islander students
Over the next decade, the Australian Government will grow its record level of recurrent funding for schools from $17.5 billion in 2017 to $30.6 billion in 2027.
The Australian Government will invest a record $247.2 billion for school recurrent funding. This includes an estimated loading of $4.3 billion for Aboriginal and Torres Strait Islander students.
Commonwealth funding provided through the loading will increase from $962.6 million over 2014–17 to approximately $1.4 billion over 2018–21, an increase of 49 per cent.
In 2018, this additional funding is expected to benefit around 213,504 students who identify as Aboriginal or Torres Strait Islander.
Aboriginal and Torres Strait Islander students will also benefit from national reform
The Australian Government is committed to closing the achievement gap between Aboriginal and Torres Strait Islander students and non-Indigenous students.
From 2018, the Government's growing investment in schools will be tied to the implementation of its evidence-backed quality reforms proven to lift student achievement.
The Government has established the Review to Achieve Educational Excellence in Australian Schools, to be chaired by Mr David Gonski AC, to provide advice on how the extra Commonwealth funding provided from 2018 should be invested to improve Australian schools' performance and grow student achievement.
The Review will contribute to the evidence base needed to ensure funding is used in ways that make a difference to student outcomes.
The findings of the Review will inform a new national schooling agreement between the Commonwealth and states that will drive reforms to turn around declining student performance.
This agreement will include a focus on reforms that the evidence shows will help to improve access and educational outcomes for all Aboriginal and Torres Strait Islander students. The agreement will also require that Aboriginal and Torres Strait Islander communities are consulted on reforms that will significantly impact them.