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This castle is tax deductible

Apr 17, 2025
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ANECDOTE

Scottish Castle Library Tale

  • Scots College spent almost $80 million on a new library designed like a Scottish castle, which is still under construction.
  • The project has run three times over budget and faced challenges like sourcing authentic Scottish slate.
INSIGHT

Tax Breaks Widen School Gap

  • Wealthy parents get tax breaks for donations to private school building funds, reducing government revenue and supporting lavish facilities.
  • This widens inequality, as public schools lack basic amenities while elite schools build extravagant structures.
INSIGHT

Capital Spending Inequality

  • Five elite private schools spent more on capital works than 3,372 public schools combined, benefiting far fewer students.
  • Spending per student at these elite private schools was 82 times greater than public schools' capital expenditure.
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