5518.0.55.001 - Government Finance Statistics, Education, Australia, 2014-15 Quality Declaration
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 26/04/2016
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GOVERNMENT EXPENDITURE ON EDUCATION IN AUSTRALIA
This release contains statistics on expenditure on education by the general government sector for the period 2005-06 to 2014-15. These data are presented on an accrual accounting basis and are taken from the system of Government Finance Statistics (GFS).
Government expenditure on education refers to expenditure on all levels of education, such as pre-school, primary, secondary, university, and technical and further education (TAFE), by the general government sector. It excludes expenditure on courses provided by non-educational institutions, such as the vocational training programs of private businesses.
The summary tables below present government operating expenses on education by level of government, by purpose (i.e. by type of education), and by economic transaction (i.e. by type of expenditure) for the period 2009-10 to 2014-15.
Operating expenditure on education by all levels of general government increased by $3,030m (3.7%), from $81,540m in 2013-14 to $84,570m in 2014-15. Total expenditure on education by the Commonwealth Government was $31,375m, with expenditure by the state and local governments totalling $56,191m. Intra-sector transfers were $28,604m.
Of the total operating expenditure on education in 2014-15, $43,270m (51.2%) was spent on primary and secondary education and $30,624m (36.2%) on tertiary education (universities and TAFEs). Employee expenses of $43,306m accounted for 51.2% of total educational expenses with the remaining 48.8% being on non-employee expenses ($19,350m), depreciation ($3,815m), and transfer expenses ($18,098m).
Source(s): Government Finance Statistics, Education, Australia
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