Industry Analysis & Industry Trends
About one in three children (1.23 million students) attend private schools. The Private Schools industry is forecast to be worth $16.4 billion in 2012-13, up 4.1% on the previous year. Private or non-government school enrolments are split between Catholic schools and independent schools, which include religiously affiliated schools and special schools such as Montessori and Steiner schools. Private schools rely on state and federal governments for about 60% of their funding, generating the rest of their income from tuition fees, donations and, in some cases, income from affiliated religious organisations. Private schools are operated on a not-for-profit basis... purchase to read more
Industry Report - Industry Analysis Chapter
Non-government schools have enjoyed a period of growth over the past decade and proved resilient throughout slower economic conditions in the past four years. A weakening economy from late 2008 caused some to fear that enrolments in private schools would decline as families switched to the public system under the pressure of slow income growth and rising unemployment. However, student enrolment data revealed the contrary. Enrolment figures for 2009 reveal that private school enrolments continued to grow, albeit at a slower rate than in the previous year. Nevertheless, enrolment growth continued to outstrip public school enrolment in this period. As of December 2011, private schools enrolled 34.7% of Australia's school student population... purchase to read more