Feb 25, 2018 Last Updated 10:02 AM, Feb 23, 2018

New Entry From the Editor :

Australia slips to second place in mining investment attractiveness ratings

Australia slips to second plac…

AusBN - Australia has fallen to second place in the Fraser Institute’...

Wesfarmers reports 87% H1 profit plunge on business write-downs

Wesfarmers reports 87% H1 prof…

AusBN - Wesfarmers (ASX:WES) has reported an 86.6% nose-dive in its H1 net ...

Australian female labour force participation reaches record high

Australian female labour force…

AusBN - Australia’s female labour force participation rate reached a ...

NSW to spend $4.2 billion on new schools and facilities

classroom AusBNAusBN - The government of New South Wales (NSW) has committed AUS$4.2 billion to building new public schools and upgrading existing facilities across the state.

Over the next four years, the government will commence building or upgrading over 123 schools, while completing work on a further 33.

In total, 1,500 new classrooms and 32,000 new student places will result from the investment into public education.

The increased funding for education comes after the Department of Education predicted that by 2031, NSW would need 164,000 public school places to meet demand.

Education Minister Rob Stokes said the funding will be spent over the ‘length and breadth’ of the state.

“We are a government that now has the budget position where we can provide the infrastructure that has been needed for a long time. It's a very ambitious target but we have to meet it,” said Stokes.

Premier Gladys Berejiklian said education and health would be the biggest winners in the imminent state budget.

@AusBNOnline

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