A personal boys’ faculty in Perth that costs as much as $27,000 a yr in charges obtained greater than $7m in jobkeeper subsidies in 2020 whereas declaring an working surplus of greater than $8m.
The Hale Faculty in Perth counts cupboard minister Christian Porter and Victoria Cross recipient Ben Roberts-Smith as alumni.
Based on the college’s annual report, it obtained $7.45m in jobkeeper funds final yr. On the similar time, the college declared an working surplus in 2020 of $8.31m and in addition provided reductions to oldsters.
Jobkeeper subsidies have been the second-largest supply of revenue for the personal faculty in 2020, contributing greater than commonwealth funding, state funding and boarding charges.
Losses declared underneath “reductions” additionally grew over 2020. The college spent $1.93m on reductions, the 2020 annual report states, up $1.2m from $714,332 declared in 2019. Complete tuition charges obtained by the college additionally rose from $46.1m in 2019 to $46.8m in 2020.
The Hale Faculty is a member of the Affiliation of Unbiased Colleges of Western Australia which requires faculties to “display the efficient use of presidency funding”.
Hale declined to reply when requested what made the college eligible for jobkeeper or what the $7.4m in authorities funding was spent on.
Electronics firm Harvey Norman obtained $22m in jobkeeper in 2020, whilst its earnings greater than doubled in the course of the pandemic, with billionaire proprietor Gerry Harvey refusing to pay the funds again.
Wesley Faculty, a non-public faculty in Melbourne that costs greater than $34,000 for yr 12 college students, obtained practically $20m in jobkeeper subsidies final yr regardless of declaring a surplus. The school provided dad and mom a 20% discount in time period two tuition charges.
The Hale Faculty didn’t reply to questions on whether or not it could pay any jobkeeper funds again to the federal authorities.
Valerie Gould, the chief director of the AISWA, mentioned member faculties made their very own selections about whether or not they would apply for jobkeeper.
“Colleges adopted federal authorities tips when making use of for jobkeeper, as did many different organisations,” she advised Guardian Australia.
“Colleges made their very own selections as to whether or not they have been eligible to use for jobkeeper the place they met the standards, after which their purposes have been put by way of authorities processes as have been purposes from a variety of organisations.”
The Hale Faculty’s basis – a separate fund that gives scholarships and pays for main constructing tasks – had belongings of over $24m on the finish of 2020, based on monetary paperwork lodged with the Australian Charities and Not-for-profits Fee.
The college costs charges of $26,910 a yr for college kids in years 9-12, $26,790 for years 7-8, and between $16,290 and $23,160 for college kids from pre-primary to yr 6. It costs $24,750 a yr for boarding.
The federal Labor MP Andrew Leigh mentioned the quantity of jobkeeper given to non-public faculties confirmed that the federal authorities was “losing” cash.
“It didn’t have any bother discovering $7.5m in jobkeeper for Hale Faculty in a yr they elevated their income,” he mentioned.
“In 2020, the federal government might have purchased sufficient Pfizer vaccine for each Australian grownup for about $1bn. As a substitute, it wasted greater than $10bn of jobkeeper on companies with rising earnings.”