Rich private schools earmarked for cuts through the landmark Gonski 2.0 funding deal have instead seen their proportion of taxpayer money increase this year, thanks to millions of dollars in bonus “transitional” funds set up by the federal government.
Last year, as the Turnbull government fought to pass its Gonski 2.0 funding deal through the Senate, it announced that 24 independent and Catholic schools would lose funding under the new agreement because they were receiving more than their fair share of taxpayer money.
The list included private schools such as Loreto Kirribilli – a Catholic girls school on Sydney’s north shore that charges more than $20,000 in annual tuition for senior high-school students. Loreto Kirribilli received 191.9% of its Schooling Resource Standard (SRS) in 2018. The SRS is the Gonski review’s needs-based formula for measuring how much government funding each school is entitled to.
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