$3bn tied to lift in learning

Original article by Natasha Bita
The Australian – Page: 1 & 2 : 31-Jan-24

The federal government’s share of public school funding has traditionally been set at 20 per cent. However, Education Minister Jason Clare will propose progressively increasing this to 22.5 per cent by 2026. The state and territory governments will in turn be required to increase their own funding for public schools. The additional funding will have to be spent on measures aimed at improving teaching standards and educational outcomes, including assistance for students who are at risk of being ‘left behind’. The Australian Education Union has advocated lifting the federal government’s share of education funding to 25 per cent.

CORPORATES
AUSTRALIA. DEPT OF EDUCATION, AUSTRALIAN EDUCATION UNION

Australia’s public education funding went backwards during COVID pandemic

Original article by Gabriella Marchant
abc.net.au – Page: Online : 4-Oct-22

A report from the OECD shows that Australian governments reduced their spending on public education by nearly two per cent during the early stages of the COVID-19 pandemic. Hungary was the only OECD member nation that reduced education funding by a higher margin; in contrast, overall spending among OECD nations increased by an average of 1.5 per cent. The report also shows that Australian teachers’ salaries are generally higher than the OECD average, although local teachers spend longer hours in the classroom than their overseas peers.

CORPORATES
ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT

Labor launches $1.8b plan to school kindies

Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 4-Oct-18

Opposition Leader Bill Shorten will announce details of Labor’s early education policy on 4 October. Amongst other things, Labor will provide three-year-olds with 15 hours of subsidised pre-school education each week, or 600 hours a year. The subsidy currently only applies to four-year-olds, and was introduced by Labor when it was previously in office. The expanded scheme is estimated to cost $1.75bn over four years. Meanwhile, Shorten has criticised the federal government for failing to guarantee funding for the scheme beyond 2019.

CORPORATES
AUSTRALIAN LABOR PARTY

Schools row ends with $4.5bn deal

Original article by Simon Benson
The Australian – Page: 1 & 4 : 21-Sep-18

The federal government has agreed to increase taxpayer funding for Catholic and independent schools by more than $4.5bn, after funding was reduced under the "Gonski 2.0" school funding reforms. Catholic schools will receive a $4.3bn increase in funding over 10 years, while independent schools will receive an additional $259m. Stephen Elder, the executive director of the Catholic Education Commission of Victoria, says the funding cuts under the Gonski 2.0 reforms would have forced Catholic schools to close or significantly increase their fees.

CORPORATES
CATHOLIC EDUCATION COMMISSION OF VICTORIA LIMITED, AUSTRALIA. DEPT OF EDUCATION AND TRAINING, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, INDEPENDENT SCHOOLS COUNCIL OF AUSTRALIA

Labor to prefer progress over blunt school report cards

Original article by Rebecca Urban
The Australian – Page: 5 : 7-Sep-18

Labor education spokeswoman Tanya Plibersek said on 6 September that Australia’s school system is in general a high-performing one, but that there was always room for improvement. Plibersek said that if Labor wins the next election that it will introduce an assessment system that focuses on progress rather than achievement, which was one of the main recommendations of the Gonski review into education excellence. Another recommendation that Labor plans to adopt is an increased focus in the curriculum on capabilities such as problem-solving and creativity.

CORPORATES
AUSTRALIAN LABOR PARTY, MELBOURNE GRADUATE SCHOOL OF EDUCATION, AUSTRALIAN EDUCATION UNION, THE McKELL INSTITUTE, VICTORIA UNIVERSITY. MITCHELL INSTITUTE FOR HEALTH AND EDUCATION POLICY

Reform or fail: BHP’s Nasser

Original article by Matt Chambers
The Australian – Page: 1 & 4 : 30-Jun-17

BHP Billiton chairman Jac Nasser has told the Competitive Advantage Forum that Australia needs bipartisan political support for reform in areas such as taxation, energy policy and education. He warned that Australia is approaching a "tipping point" and without strong leadership on key issues it risks ceasing to be a "great country" socially and economically. Amongst other things, Nasser says a national policy on energy security is required, while he has criticised proposals for bank levies by the federal and South Australian governments. Nasser will step down as chairman of BHP in August.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, AUSTRALIA. DEPT OF THE TREASURY, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, FORD MOTOR COMPANY

Gonski win looms after $5bn deals

Original article by Stefanie Balogh, Simon Benson
The Australian – Page: 1 & 4 : 22-Jun-17

The Australian Government has agreed to increase the value of its schools funding package from $A18.5bn to $A23.5bn to get it through the Senate. The upper house is tipped to vote on the revised package on 22 June, and the Government will need the support of at least 10 crossbenchers. However, Catholic Education Melbourne executive director Stephen Elder says Catholic schools will continue to be disadvantaged under the proposed funding model. The Catholic education sector intends to campaign against the Government in the lead-up to the next federal election.

CORPORATES
CATHOLIC EDUCATION MELBOURNE, AUSTRALIA. DEPT OF EDUCATION AND TRAINING, NICK XENOPHON TEAM, ONE NATION PARTY, AUSTRALIAN GREENS, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN EDUCATION UNION

PM steals Gonski away from Labor

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 3-May-17

The Australian Government has asked David Gonski to undertake a second review of school funding, after announcing that it will adopt the needs-based funding model that he had recommended in 2011. The Government had previously resisted the needs-based model, which had been backed by the former Australian Labor Party government. Education Minister Simon Birmingham has advised that government funding for schools will increase by $A18.6bn over the next decade.

CORPORATES
AUSTRALIA. DEPT OF EDUCATION AND TRAINING, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, NEW SOUTH WALES. DEPT OF EDUCATION AND COMMUNITIES, VICTORIA. DEPT OF EDUCATION AND TRAINING, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, NATIONAL CATHOLIC EDUCATION COMMISSION

Axe state governments, says Freelancer’s Barrie

Original article by Misa Han
The Australian Financial Review – Page: 12 : 15-Apr-16

Freelancer CEO Matt Barrie is a radical thinker. He shared his views on a number of topics with the audience at the Knowledge Nation summit on 14 April 2016. He said Australia’s state governments should be abolished because the current federal system encourages regulatory duplication, populism and bureaucratic excesses. He also advocated adding more technology subjects to the school curriculum.

CORPORATES
FREELANCER LIMITED – ASX FLN

Turnbull wants to end federal funding of schools

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 1-Apr-16

Prime Minister Malcolm Turnbull has proposed radical changes in fiscal relations between the federal and state governments. He envisages ceding responsibility for public schools and the health system to the states in exchange for granting more fiscal powers to the states. He will unveil the details of his plan at a Council of Australian Governments meeting in Canberra on 1 April 2016.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, COUNCIL OF AUSTRALIAN GOVERNMENTS, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA