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At Education Australia, our goal is to ensure that every school and higher education institution has easy access to funding information. That’s where our EduAccess subscription comes in.
EduAccess breaks down and separates funding into a myriad of education-specific categories, like Academic Support and Sports Development. These categories detail
where federal, state and territory governments are allocating funding, as well as
grant opportunities.
For equity in education, funding is critical. As a result, we have compiled this information on EduAccess to help foster a better informed and more aware education system striving towards equity for all Australians. Advocating for change, equality, and levelling the playing field so every student can succeed is at the heart of this endeavour.
For funding information available to your school or higher education institution,
subscribe to EduAccess — we have you covered.
A brief snapshot of 2025 federal
and state education funding
In 2025, the Commonwealth’s recurrent funding for schools is estimated to total $31.1 billion. Despite this, evidence has shown that public schools are underfunded and private schools are overfunded in Australia, instigating a push for ‘fully funded’ public schools to meet the Schooling Resource Standard (SRS).
Until now, the Commonwealth has only contributed 20 percent of the Schooling Resource Standard (SRS) for public schools, while non-government schools receive 80 percent. The new Better and Fairer Schools Agreement (BFSA), will raise the Commonwealth's contribution, setting a minimum funding floor of 20 percent for public schools from January 2025, with a target of 40 percent for the Northern Territory by 2029.
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The bill aims to close the funding gap, provide $16 billion in additional investment, and ensure funding is tied to reforms that help students catch up, stay engaged, and finish school. At present, all of the eight States and Territories have signed the BFSA Heads of Agreement, with two most recent states to sign on being New South Wales and Queensland, with NSW receiving an additional $4.8 billion of funding and QLD receiving an extra $2.8 billion.
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