Putting all Victorian public schools on a path to full and fair funding
The Albanese Labor Government and Allan Labor Government have come to an historic agreement that will put all public schools in Victoria on a path to full and fair funding.
As part of the agreement, the Commonwealth will provide an additional 5 per cent of the Schooling Resource Standard (SRS) to Victorian public schools.
This will lift the Commonwealth’s contribution from 20 per cent to 25 per cent of the SRS by 2034.
This will see around an estimated $2.5 billion in additional Commonwealth funding to Victorian public schools over the next 10 years.



