Australia’s Federal education ministers claim that Australia’s spending on education has never been higher and that expenditure has increased 25% or $10 billion since 2010. This ignores the fact that our student population has dramatically increased requiring spending on new schools, school infrastructures and of course more teachers. $8 billion of the extra funding (or 80 per cent) went to a mix of “everyday” items: rising student numbers, wage increases, and the ongoing costs of increased investments in government school buildings. Student numbers grew by 9 per cent, so the real increase per student was 14 per cent. Educating these extra students cost just under $4 billion, or two-fifths of the overall increase.
David, so often it feels that we talk about numbers and dollars in isolation. I really liked your point about considering the increase of funding alongside the change in the population.