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Education at a glance 2020 : OECD indicators.
An online version of the current edition can be viewed at the link at the foot of this record. "OECD lays bare Australia's public education investment inequity. The latest OECD report on worldwide education indicators has confirmed that public investment into Australia's public education system is below the OECD average. According to the Education at a Glance report, Australia boasts the highest rates of return on investment in the OECD in terms of increased lifetime earnings, increased taxation revenues and lower social costs. However, public investment is well below the OECD average, with Australia being 19th out of 37 countries and well below the OECD funding average per student. At the same time, Australia has the third-highest level of private expenditure on education, more than 2.6 times the OECD average. AEU Federal President Correna Haythorpe said that the report provided further evidence of the inequity in education funding in Australia, inequity which has a deep impact on preschools, schools and TAFE." -- AEU Federal Office, 9 September, 2020.