How governments butchered Gonski school funding reforms

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The 2011 Gonski report was aimed at cleaning up Australia’s convoluted and opaque school funding system, as well as establishing an needs-based funding model.

It proposed to introduce a “base rate” level of funding per student, known as the Schooling Resource Standard (SRS), alongside extra loadings based equity considerations.

However, the former Labor Government failed to implement the reforms, instead providing special deals with individual jurisdictions and assuring that no school would lose a cent in funding.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.