That this House:

(1) Notes the NSW and Federal Government have reached an Agreement to fully and fairly fund New South Wales public schools.

(2) Recognises the Agreement will provide an additional 5 per cent of the Schooling Resource Standard (SRS) to New South Wales, lifting the Commonwealth contribution from 20 per cent to 25 per cent of the SRS by 2034 which will see an estimated $4.8 billion in additional Commonwealth funding to New South Wales public schools over the next 10 years.