PM rolls out $7.4b for aged care pay

Original article by Phillip Coorey
The Australian Financial Review – Page: 3 : 4-Mar-25

Prime Minister Anthony Albanese will announce on Tuesday that he has struck a deal with NSW to provide its public schools with a $4.8 billion funding boost over 10 years. It leaves Queensland as the only state not to sign up to new funding arrangements, while Aged Care Minister Anika Wells will announce on Tuesday a further 12 per cent pay rise for aged care nurses that is worth $2.6 billion over three years. The announcement of the funding deal for NSW schools and the pay rise for aged care nurses comes amid increasing speculation that Albanese will call a federal election for 12 April immediately after Western Australians go to the polls on Saturday.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF HEALTH AND AGED CARE

$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

Shorten vows to restore a fair go

Original article by Troy Bramston
The Australian – Page: 6 : 14-Dec-18

Opposition leader Bill Shorten has outlined some of the key policy areas that will be part of its 2019 election campaign. Amongst other things, Labor will legislate to overturn the Fair Work Commission’s penalty rate cuts and introduce a new regulatory regime for labour hire firms. Labor also intends to increase the highest marginal income tax rate by two per cent, abolish the Medicare rebate freeze and restore funding for schools and public hospital to the levels before the Coalition took office in 2013.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. FAIR WORK COMMISSION

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

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

Hidden toll of student disability

Original article by Justine Ferrari, Rick Morton
The Australian – Page: 1 & 6 : 3-Nov-14

It is estimated that just five per cent of Australian school students with a disability or learning problem receive funding for support services. However, a report produced by PricewaterhouseCoopers suggests that about 18.6 per cent of students have a disability. The report was prepared for the nation’s education ministers, who have agreed to postpone the introduction of a needs-based funding model for students with disabilities that was scheduled to begin in 2015

CORPORATES
PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD, AUSTRALIA. DEPT OF EDUCATION, NATIONAL CATHOLIC EDUCATION COMMISSION, INDEPENDENT SCHOOLS COUNCIL OF AUSTRALIA