Govt transfers 18b to future fund

Posted

The Federal Government has announced it will hjarvees.comand over the money needed to fund the future needs of schools in rural areas.

The State Government has already received $5.4 billion of the $8.9 billion federal and state funding allocated for schools in the past 12 months.

Hjarvees.comowever, this money remains subject to conditions in the Children’s Education (Supervision) Act, which requires that the State Government is charged a share of all funds transferred to the Commonwealth.

The funding for State Government schools has already been put under pressure by increasing costs, a growing number of rural schools are on the same footing as higher education institutions, and schools in remote communities are having a hard time meeting demand for new teachers.

The State Government has been trying to move the state budget back into surplus and to get schools into surplus.

The Treasurer has said he wanted to get schools into surplus by early 2019-20 but the Government is putting pressure on schools to make sure they still reach that target.

The Government is using the budget to spend $100 million on an Australian War Memorial memorial to mark the 50th anniversary of the Australian Army.

Topics: schools, schools-and-teachers, government-and-politics, e??????ducation, rural, townsville-4810, qld



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