New South Wales Secures Historic Public School Funding Deal

The agreement will fully fund NSW public schools by 2034, marking the largest investment in Australian public education, but Queensland remains outside the deal.

• The federal government and New South Wales have agreed on a $4.8 billion funding boost to fully fund public schools by 2034, meeting the Schooling Resource Standard (SRS).
• This deal follows similar agreements with six other states and territories, leaving Queensland as the only holdout ahead of the federal election.
• The agreement increases the federal contribution to 25% of public school funding, up from the previous 20%, with states covering the remaining 75%.
• Funds will be tied to specific reforms, including evidence-based teaching practices, mental health support, and individualised student assistance.
• Critics highlight the decade-long rollout timeline, meaning many students will not benefit from full funding during their schooling years.

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