Simon Birmingham (SA, Liberal Party, Minister for Education and Training) Share this | Hansard source

For the states to maintain funding for their funding-maintained arrangement, it is intended that they maintain what is their share of the schooling resource standard that they pay in 2017 into the future. The amendment before us is about the states and territories where that is below 80 per cent or 20 per cent, for the respective sectors—that they grow it. Because it is aligned with the share, the intention is that it, as a share, grows with the schooling resource standard, which is growing by 3.56 per cent over the next three years. Then, the formula indicated in the bill is a composite of 75 per cent wages growth and 25 per cent inflation growth.