Department of Education 2025-26 annual report
- Total revenue and income from transactions
- $18.31 billion
- Printed as $18,309.8 million · Report, page 127
Summary
The report's own summary: Secretary's foreword, pages 4 to 5
Generated summary: written by an AI model from the report text and checked against the cited pages.
The Department of Education’s 2025–26 report covers its responsibility for Victoria’s early childhood education and schools.
The department reported opening another 14 government early learning and childcare centres and providing schools with more than 4,000 lesson plans.
It reported that 19 new schools opened in 2026.
It recorded a net surplus of $53 million for the financial year, including $43 million in other economic flows.
In the body's own words
- Finding
In 2025, Year 10 to 12 retention increased to its highest rate in 8 years.
Finances 4
Total revenue and income from transactions
$18,309.8 million
Printed as
Total revenue and income from transactions 18,309.8 17,415.1
Total expenses from transactions
$(18,300.0) million
Printed as
Total expenses from transactions (18,300.0) (17,396.0)
Employee expenses
$(11,108.9) million
Printed as
Employee expenses 3.1.1 (11,108.9) (10,583.6)
Net result
$52.7 million
Printed as
Net result 52.7 7.5
Staff 6
Total employees
5,231 people
Printed as
Total employees 5,231 4,913.4
Total employees
4,913.4 FTE
Printed as
Total employees 5,231 4,913.4
Total employees
97,323 people
Printed as
Total employees 97,323 82,286.5
Total employees
82,286.5 FTE
Printed as
Total employees 97,323 82,286.5
Total employees
321 people
Printed as
Total employees 321 306.6
Total employees
306.6 FTE
Printed as
Total employees 321 306.6
Executives and remuneration 6
$690,000 – $699,999
$690,000 – $699,999
Printed as
Tony Bates PSM was the Accountable Officer for the full year (acting from 1 July 2025 to 25 August 2025 and appointed on 26 August 2025). 2026 headcount 2025 headcount $220,000 – $229,999 – 1 $450,000 – $459,999 – 1 $690,000 – $699,999 1 –
Total remuneration ($ thousand)
$690 thousand
Printed as
Total remuneration ($ thousand) 690 675
Executives
106 people
Printed as
Executives26 106 104.9 100 5 103.9 1 1.0
Total number of executives120
127
Printed as
Total number of executives120 127 123
Total remuneration119
$34.5 million
Printed as
Total remuneration119 34.5 32.3
Total
$7.0 million
Printed as
Compensation122 2026 ($m) 2025 ($m) Short-term employee benefits 6.2 6.4 Post-employment benefits 0.6 0.6 Other long-term benefits 0.2 0.2 Termination benefits – 0.2 Total 7.0 7.3
Consultancies 2
Details of consultancies valued at $10,000 or greater
$6.3 million million
Printed as
the department recorded 44 consultancies where the total fees payable to the consultants were $10,000 or greater. The total expenditure incurred during 2025–26 in relation to these consultancies was $6.3 million (excluding GST).
Details of consultancies valued at less than $10,000
$3,750
Printed as
The total expenditure incurred in 2025–26 in relation to this consultancy was $3,750 (excluding GST).
Other figures 1
Total annualised employee equivalents (AEE)121
106.0 FTE
Printed as
Total annualised employee equivalents (AEE)121 106.0 104.0
About the document
- Edition
- Current edition
- Reading status
- Read by OPAX
- Pages
- 245
- Figures not found in the report
- Consultancy; Executive band; Named remuneration