Bankwest cost of kids and school report

financial indicator series

25 January 2010

The latest in Bankwest's on-going Social Indicator Series has revealed that almost 400,000 Australian parents are choosing a 'good time' over private schools in a challenge to the widely-held notion that parents are willing to 'go without' for their childrens' education.

The Bankwest "Cost of Kids and School" report has revealed that almost a third of all private school parents would pull their kids out of school before sacrificing everyday luxuries like going to the movies or a holiday.

According to the Australian Bureau of Statistics more than 1.1 million children are educated in the private school system.

The latest Bankwest Social Indicator Series report shows that nearly 40% of Australians say they are not willing to forgo leisure/recreation activities (going out to dinner with friends, yoga classes, movies etc) to cover private education costs, while one in three say education costs wouldn't get in the way of a holiday.

Download a copy of the full report and a breakdown on each state below:

-Ends-

all news articles

media enquiries

all journalist enquiries should be directed to:

general enquiries

business enquiries

Bankwest SWIFT code: BKWAAU6P | Find your BSB by logging into Online Banking.

© 2016 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.