71

Australia’s public schools will miss out on $13bn in the next five years if accounting tricks are maintained in upcoming funding agreements, a major report has found.

The National School Resourcing Board’s (NSRB) annual review, tabled in parliament last week, showed government schools lost more than $2bn in 2022 because of a Morrison-era loophole that allows states and territories to claim up to 4% of public school funding on non-school expenditures.

The federal education minister, Jason Clare, has indicated the 4% will not be reviewed until the next round of funding agreements – scheduled for 2030.

Modelling provided to Guardian Australia by the Save our Schools convener, Trevor Cobbold, suggests if Clare’s position remains, public schools will miss out on about $13bn in funding to the end of the decade.

you are viewing a single comment's thread
view the rest of the comments
[-] Salvo@aussie.zone 2 points 5 months ago
this post was submitted on 09 Apr 2024
71 points (100.0% liked)

Australia

3507 readers
62 users here now

A place to discuss Australia and important Australian issues.

Before you post:

If you're posting anything related to:

If you're posting Australian News (not opinion or discussion pieces) post it to Australian News

Rules

This community is run under the rules of aussie.zone. In addition to those rules:

Banner Photo

Congratulations to @Tau@aussie.zone who had the most upvoted submission to our banner photo competition

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

Moderation

Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.

Additionally, we have our instance admins: @lodion@aussie.zone and @Nath@aussie.zone

founded 1 year ago
MODERATORS