Summary
The bill: establishes goals for Australian schooling; and provides for: grants of financial assistance to states and territories for schools; recurrent funding for participating schools; recurrent funding for non-participating schools through national specific purpose payments; capital funding, special circumstances funding and funding for non-government representative bodies; approval of authorities and bodies to receive Commonwealth funding; implementation plans; actions the minister may take for non-compliance, including requiring amounts to be repaid; rules relating to applications; reviewable decisions; and administrative arrangements.