
The resource advantage of private schools is set to continue for the rest of the decade under the terms of the Commonwealth-State bilateral funding agreements. Private schools will be funded at over 100 per cent of their Schooling Resource Standard (SRS) while public schools will be funded at less than 91 per cent of their SRS in all states except the ACT. As a result, public schools will remain massively under-funded. It points to the need for a comprehensive overhaul of school funding.