Principal's News

Last week’s budget announcements by the Victorian Government included the removal of payroll tax exemption for independent schools that charge over $8,000 per annum in fees. 

Whilst there has been speculation in the media about the impact of this tax, it needs to be stressed that this announcement is the first in what will no doubt be a long line of announcements fleshing out the detail. 

Independent Schools Victoria (ISV) and a number of Principals have spoken with the media, in order to put forward a counter view to the one espoused by the Premier in relation to the need for and impact of this measure. We believe that there may be exceptions created to the requirement and we await further information and confirmation of this. Considering the impact on Independent Schools, it is difficult to comprehend that no consultation occurred prior to the announcement. To expect Independent Schools to be able to budget for such an unanticipated cost burden, by July 2024, is completely unreasonable. This decision will put further strain on the education sector as a whole, at an already precarious time. We have all read about the difficulties recruiting, managing and retaining staff in schools; there are increased needs for mental health support for young people; gaps in student learning, maturity and social skills to focus on.  

At Shelford, we budget accurately, carefully and responsively. We have a current five-year forecast that we are comfortable with and that ensures a sustainable future for our school community. We are in a sound financial position with assets, cash reserves, strong enrolment and marketing strategies, increasing enquiries and enrolments, outstanding teaching and learning educators and programs and wellbeing and pastoral care structures and supports

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We are able to model financial outcomes with the added cost. There is no doubt that if such an increase in cost occurs, it will mean some changes in programs, staffing and a consideration in relation to fee increases.   

We can manage this change but feel most disappointed that this significant change, due for implementation in next year’s budget year, was not flagged with the sector and that the government is putting schools, school boards, executives and communities under pressure, following a time of great strain in the educational sector. 

Katrina Brennan

Principal