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What the Federal Budget means for education

TAFE is the big winner from the Albanese Government’s 2024-2025 Federal Budget. The AEU welcomes the $600 million investment in skills and training. This commitment will be welcomed by TAFE members as it provides the much needed funding we have been campaigning for as part of the rebuild with TAFE advocacy.

The AEU also welcomes the commitment to provisional funding for increased wages for all early childhood teachers and educators.

However, this year’s Federal Budget fails to deliver the funding that public schools need and will widen a $30 billion capital infrastructure divide between public and private schools.

AEU Federal President Correna Haythorpe said it was deeply disappointing that this year’s Federal Budget had failed to increase the Commonwealth share of the Schooling Resource Standard to 25%, despite widespread support across the nation for this increase, from principals, teachers, parents, unions, community groups and six state and territory governments.

“This is a missed opportunity to deliver a nation-building investment for our children and our country. The issue of full funding of public schools is unfinished business for the Albanese Government and must be resolved this year.” Ms Haythorpe said.

Read the AEU’s analysis of the Federal Budget here.

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