2024-25 Supplementary Budget Estimates Hot Topic Briefs
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This briefing document outlines the Department of Education's 2024-25 budget allocations across three main sectors. The department will spend approximately $62 billion in 2024-25, distributed as $15 billion for early childhood education and care, $30.5 billion for early learning and schools, and $16.5 billion for higher education, research and international programs. Over the forward estimates to 2027-28, total committed funding reaches $256.8 billion. The document includes a funding summary table showing year-on-year changes, with early childhood education increasing 9.3 percent, schools 4.3 percent, and higher education 11.5 percent from 2023-24 to 2024-25. Budget reprioritisation includes net savings of $410.7 million from Child Care Subsidy Reform measures, with partial funding sourced from reductions to the Destination Australia Program
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