These are the key points of a new brief on the state of school funding in Victoria. The full paper can be downloaded below.
Victorian public schools face a funding crisis that must be addressed in the forthcoming Victorian Government Budget.
- Public schools are massively underfunded and have been since the Gonski funding model was introduced in 2014 to ensure they are fully funded at the Schooling Resource Standard (SRS). In 2026, Victoria’s public schools are only funded at 86% of their SRS. Total underfunding is estimated at $2.2 billion.
- Public schools are underfunded because of underfunding by both the Commonwealth and Victorian governments and because of “accounting tricks” used by the Victorian Government to defraud public schools