$64.3bn
$XX.Xbn
342k
8
$XX.Xbn
The Government Schools industry has experienced modest revenue growth over the past few years. Ongoing population growth, including an expansion of the population aged between 5 and 18, has fuelled demand for public schools and kept revenue on the rise. Government funding has also been stable for government school; state and territory government funding makes up most funding for public schools, alongside some Federal Government funding. Donations and fundraising activities account for the remainder. Long-term climbs in household discretionary incomes have facilitated more donations from the community; however, the trend has also prompted a shift towards private education. Many parents perceive private schools as being higher-quality than government schools, partly because of marketing efforts to boost their reputation. As incomes have risen, parents have been sending their children to private schools, which has created competitive conditions for government schools. Public schools have also faced staff shortages, as teachers seek work at private schools in order to receive higher salaries. Overall, revenue is expected to climb at an annualised 1.1% to $64.3 billion over the five years through 2022-23. This trend includes a lift of 1.9% anticipated in the current year, due to continued population expansion and a short-term drop in discretionary incomes.Government funding is on track to keep being delivered to government schools in the coming years. For example, in the 2023-24 Victorian Budget, the Victorian Government stated that it aims to provide $40.4 million to help government schools expand their services and engagement with their students. Over the 11 years through 2029, government schools are set to receive $128.8 billion in Federal Government funding, which will prop up industry performance. Despite this maintenance, staff shortages are on track to continue. The Federal Government launched the National Teacher Workforce Action Plan to address national teacher shortages, and it will likely continue to build on this plan to reduce workloads and lower teacher-to-student ratios in classrooms. Industry revenue is projected to climb at an annualised 1.6% to $69.8 billion over the five years through 2027-28, as overall enrolments climb and maintain demand in the face of challenging operating conditions.
Industry revenue has grown at a CAGR of 1.1 % over the past five years, to reach an estimated $64.3bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($short_0)
2023 |
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There are no companies that hold a large enough market share in the Government Schools in Australia industry for IBISWorld to include in this product.
Industry revenue is measured across several distinct product and services lines, including Primary school education, Secondary school education and Combined school education. Primary school education is the largest segment of the Government Schools in Australia.
More students means larger primary schools and consolidation, dulling primary school education's revenue share
The industry consists of government-administered schools that provide primary, secondary or combined education. While some government schools charge voluntary fees to families, schools cannot deny access to students if a family is unable to pay the fees.
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ANZSIC 80 - Government Schools in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
More parents have been sending their children to private schools. Many people perceive private schools as offering a higher quality education, largely because of reputation a...
Learn about an industry's products and services, markets and trends in international trade.
Primary schools are making up a smaller share of revenue. An expanding population has led to larger schools opening, rather than more schools being established.
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Population distribution is the key determinant of government schools’ location. Urban areas that have more transport infrastructure tend to have more government schools.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Government schools compete with one another based on performance and location. Students’ academic results in final-year examinations determine whether parents want to send th...
Learn about the performance of the top companies in the industry.
The Government Schools industry doesn’t have any major players. Governments decide whether a new school should be established, and the industry is highly fragmented.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Government schools tend to be regulated at the state and territory level. That’s why different states and territories have different regulations and funding initiatives.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The Government Schools industry has been experiencing notable staff shortages. Teachers have been taking contracts at private schools in order to receive higher salaries, dam...
Including values and annual change:
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Key data sources in Australia include:
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The market size of the Government Schools industry in Australia is $64.3bn in 2024.
There are 8 businesses in the Government Schools industry in Australia, which has declined at a CAGR of 0.0 % between 2018 and 2023.
The market size of the Government Schools industry in Australia has been growing at a CAGR of 1.1 % between 2018 and 2023.
Over the next five years, the Government Schools industry in Australia is expected to grow.
Primary school education and Secondary school education are part of the Government Schools industry.
The level of competition is low and increasing in the Government Schools industry in Australia.