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.