A groundbreaking study has confirmed the immense financial benefits of parental school choice in Australia.
Non-government schools save taxpayers at least $4.59 billion annually in recurrent funding costs.
The research from Catholic Schools NSW, published March 14, reveals that if all schools received their full government funding entitlement, the yearly recurrent savings provided by non-government institutions would skyrocket to $6.31 billion.
Dallas McInerney, CEO of Catholic Schools NSW says that while offering affordable, values-based education and amid soaring enrolments the Catholic system alone in NSW saves over $500 million per year
Further benefiting taxpayers, the study found non-government schools cover over 90% of their capital expenditure privately, amounting to $4.48 billion in savings during 2022.
Source: Catholic Schools NSW