Federal Budget Round-Up

The Federal Treasurer delivered this evening the first surplus budget in 12 years and set the stage for a federal election of ‘epic’ proportions. But what does the Budget mean for Australian Education. Well if you listen to the experts…not much!

The Education Budget Papers state: 

The 2019-20 Budget will help all Australians, with a focus on delivering more support for regional Australia, and assisting less advantaged students access high quality education and training services. This year’s measures acknowledge that areas of inequality need to be addressed early, and that our education and training system must provide stronger pathways to employment and the careers of the future.

The HIGHLIGHTS include:

  • $450 million to extend the National Partnership on Universal Access to Early Childhood Education to the end of 2020
  • $30.2 million in 2019-20 to establish the Local School Community Fund. The Fund is open to all schools – government, Catholic and independent – to directly benefit students through the provision of equipment, upgrades or programs at the local school level
  • improve outcomes for Aboriginal and Torres Strait Islander students, at least 3,100 teachers who teach for four years in a very remote school will be eligible to have their Higher Education Loan Program (HELP) debt remitted
  • $525.3 million Skills Package to ensure the VET system can deliver the skills critical to the economy now and into the future

Federal Budget 2019-2020

BUDGET PAPERS - EDUCATION

VIEWS AND COMMENTARY

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