AusBN – The Commonwealth Bank has announced that it will invest A$50 million over the next three year on improving education in Australia.
The bank has partnered with Social Ventures Australia to create an online tool for teachers to share their successful programmes with other schools.
Teachers can use the Learning Toolkit to assess 34 educational approaches including the importance of technology and benefits of homework.
Commonwealth Bank Australia CEO, Ian Narev, said: “To take the advantages that we have in Australia, we are going to need to invest in the skills of the future, to make sure our economy adapts successfully to the future.
“This Toolkit enables proven educational techniques to be shared right across schools, right across the country.
“This is where we’ve decided our contribution is going to be in education over the next three years and beyond. Because better schools make a better country.”
Social Ventures Australia CEO Rob Koczkar added that the toolkit initiative: “will empower school leaders by providing up to date, relevant information about approaches that impact student learning.
“We believe it will have a game changing influence on education in Australia, giving teachers more resources to provide every child the very best opportunity to reach their full potential.”