New Funding Model for Schools
The Federal Government has announced a new funding model which guarantees funding to the non-government school sector.
From 2020, funding will be linked to parental income using improved data collection and analysis, replacing the current Socio-Economic Status system which has been heavily criticised.
The Catholic and independent schools’ sector will benefit most from the announcement, securing $4.5 billion in funding over a 10 year period.
A copy of the media release can be found here.