Reported at theconversation.com: The Albanese government has secured a new schools funding agreement with New South Wales, providing an additional A$4.8 billion for public schools over a decade.

This agreement will increase the federal funding contribution from 20% to 25% of the Schooling Resource Standard by 2034 and ties funding to various reforms aimed at improving student outcomes, including phonics checks and mental health support.

As part of this initiative, NSW commits to fully funding its schools, while Queensland remains the only state yet to join the agreement.