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Stewart Riddle, Professor, School of Education, University of Southern Queensland

NSW has finally struck a school funding deal. What does this mean for schools and students?

The federal government and NSW government have announced a new funding deal for the state’s public schools.

This will see the Commonwealth contribution jump from 20% to 25% of the schooling resource standard (on which school funding is based) by 2034. The NSW government will contribute the rest.

This follows more than a year of negotiations between federal Labor and the states and territories to lock in a new agreement, after the previous one expired at the end of 2024. Queensland is now the only state or territory without an agreement.

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