Signing off - on sharing the cost of a school funding boost. Tasmania's the third jurisdiction to agree to split a five per cent funding increase, to meet the schooling resource standard. “What this will mean is an additional $300 million into our public schools over the course of the next five years.” “This money will help us to invest in things like a phonics check and a numeracy check in year 1” The srs - is a per student estimate of funding needed reach minimum standards. It’s at around 13 and a half thousand dollars for a primary school student and 17 thousand for a secondary student - with loadings for those who need extra support. Today's deal will up the current funding by roughly 1000 dollars per student to meet that target by 2029. “Tasmania is the third state now after the northern territory and WA to sign up” The state and commonwealth will split the extra costs evenly.. Something most states had opposed - including Tasmania, less than 2 days earlier. “The federal government should be providing that full 5%, not 2.5%” “If in another year, a different state can get a better deal – We get it too - we have a no worse off agreement” The federal government's claiming this deal fully funds public schools. But there's still a loophole allowing states to count depreciation on buildings and other costs like regulatory bodies. "We have seen this loophole being used as a trick, an accounting trick, and unfortunately, it's going to continue." Anthony Albanese’s also agreed to foot the entire bill for the northern heart centre - a liberal state election commitment marred by uncertainty since it was revealed federal funding was needed. And with the premier's signature making for one less holdout on the education deal. It appears two political problems have been solved with one visit.
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00:00Signing off on sharing the cost of a school funding boost, Tasmania is the third jurisdiction
00:08to agree to split a 5% funding increase to meet the schooling resource standard.
00:13What this will mean is an additional $300 million into our public schools over the course
00:20of the next five years.
00:22This money will help us to invest in things like a phonics check and a numeracy check
00:26in year one.
00:27The SRS is a per student estimate of the funding needed to reach minimum standards.
00:32It's at around $13,500 for a primary school student and $17,000 for a secondary student
00:39with loadings for those who need extra support.
00:43Today's deal will up the current funding by roughly $1,000 per student to meet that target
00:48by 2029.
00:51Tasmania is the third state now after Northern Territory and WA to sign up.
00:56The state and Commonwealth will split the extra costs evenly, something most states
01:01had opposed, including Tasmania, less than two days ago.
01:05The federal government should be providing that full 5%, not 2.5%.
01:12If in another year a different state can get a better deal, we get it too.
01:18We have a no worse off agreement.
01:21The federal government's claiming this deal fully funds public schools, but there's still
01:25a loophole allowing states to count depreciation on buildings and other costs like regulatory
01:31bodies.
01:32We have seen this loophole being used as a trick, an accounting trick, and unfortunately
01:38it's going to continue.
01:39Anthony Albanese has also agreed to fund the entire Northern Heart Centre, a Liberal state
01:44election commitment that's been marred by uncertainty since it was revealed federal
01:48funding was needed.
01:50And with Jeremy Rockleaf's signature making for one less holdout on the education deal,
01:55it appears two political problems have been solved with one visit.