How Lib/Lab butchered Gonski’s needs-based schools funding

Advertisement

The original 2011 Gonski report was designed to clean up Australia’s opaque and convoluted system of school funding, as well as establish a new needs-based funding model.

This was to be achieved by introducing a “base rate” level of funding per student, known as the Schooling Resource Standard (SRS), with extra loadings on top based on a number of equity categories.

Instead, the former Labor Government butchered the implementation, concluding special deals with different jurisdictions and promising that no school would lose a dollar under the plan.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.