Senate debates

Tuesday, 22 June 2021

Questions without Notice

Schools

2:55 pm

Photo of Mehreen FaruqiMehreen Faruqi (NSW, Australian Greens) Share this | Hansard source

My question is for the Minister representing the Minister for Education and Youth, Senator Reynolds. An investigation by the Nine newspapers found Australia's 50 wealthiest private schools now have assets worth $8.5 billion. This grew by more than 40 per cent over just four years. The investigation also found the combined surpluses for the top 50 schools was almost $400 million in 2019 while still receiving public funding of more than $620 million in the same year. Minister, why does the government continue to overfund these obscenely rich private schools that are running surpluses and accumulating enormous wealth?

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