Reported at theconversation.com: Australia’s school funding system includes both public and private sources, with funding determined by a “schooling resource standard” based on student enrollment and special needs considerations.

Many public schools are considered “underfunded” because they receive less than the required standard due to insufficient contributions from state governments, while some non-government schools are “overfunded” as they receive more than their entitlements.

Recent funding agreements aim to ensure all schools achieve full funding, but this may not be realized until the 2030s.