Saturday 7 March 2020

They must be allowed to invest!

Peak private school bodies will be able to invest hundreds of millions of dollars from a special federal government fund for years - rather than hand it over to schools upfront - as long as they spend it before the end of the decade.

Guidelines released last month set out basic parameters for how managing bodies of the nation's private schools can spend the Morrison government's $1.2 billion "choice and affordability fund", announced in 2018 as part of a deal to quell Catholic schools' anger about a new funding model.

SO........Administrators can bank money until 2029. But let’s absolutely slam any public school that rolls over a dollar. Unbelievable!

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