top of page

Independent Schools Queensland 2023 Economic Significance Update

AEC were engaged to assess the economic contribution the independent schools sector made to the Queensland economy in 2021-22, as well as key regions, state electorates and federal electorates. The project updated previous analysis undertaken by AEC for both the 2013-14 and 2017-18 financial years. The assessment used an Input-Output significance modelling framework to identify the direct and flow-on contribution of independent schools to Queensland Gross State Product (GSP), employment and employee incomes. This included consideration of operating activity and expenditure of independent schools, as well as capital works expenditure/ activity and the expenditure of international boarding students in the Queensland economy.


AEC’s analysis demonstrated that the independent schools sector in Queensland saved the Queensland and Australian governments (and taxpayers) money in terms of recurrent expenditure and capital expenditure savings compared to what the Governments would otherwise need to spend to educate students at independent schools. Furthermore, AEC was able to show that the independent schools sector in Queensland contributed to improved educational outcomes for independent students, delivering longer term benefits to Queensland economic growth.



Comments


bottom of page