As school returns for 2025, the collective sigh of relief among parents has been tempered by a glance at fee statements, with increases at high-end private schools ranging from 5 per cent to as high at 9.8 per cent.
That compares to the current headline inflation rate of 2.4 per cent.
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Michelle Bowes writes about wealth from our Sydney newsroom. She has more than 20 years of experience as a business journalist and is the author of Money Queens: Rule your Money, an award-winning personal finance book for teenage girls. Email Michelle at michelle.bowes@afr.com