Schools funding

The National Education Reform Agreement [PDF 842KB][DOC 440KB], which has been agreed by the Commonwealth, New South Wales, Victoria, South Australia, Tasmania and the ACT, sets out the shared objective that Australian schooling should provide high quality and equitable education for all students.

From 1 January 2014, funding was provided to all States and Territories and to the non-government sector through the Students First funding arrangements, which replaced the National Schools Specific Purpose Payment.

From 1 January 2018, the Quality Schools funding arrangements will introduce a new needs-based funding model for schools and support national reforms in the schools sector.