NSW richest schools revealed — find out how much they make
They have produced a host of Australian celebrities, politicians and sporting stars. An analysis of the financial records of almost 3000 NSW schools has revealed the richest ones. SEARCH THE LIST
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It counts actor Hugh Jackman, former Wallaby Steve Cutler, and a host of politicians including former ex-prime minister Gough Whitlam among its alumni.
But Knox Grammar School can add another title — NSW’s richest school.
The private school on Sydney’s north shore raked in a gross income of $272.3m in the three years to 2017, an analysis of almost 3000 NSW schools’ financial information on the federal government’s MySchool website found.
That eye-watering figure does not include any deductions for income allocated to capital works or debt servicing.
The school with the second highest income was Sydney Grammar School, which had a gross income of $230.1 million across those three years.
Barker College had the third highest gross income in NSW across 2015, 2016 and 2017, bringing in a combined total of $214.8 million.
SCECGS Redlands at Cremorne on Sydney’s north shore — which boasts TV personality Catriona Rowntree and poet Elizabeth Allen as former students — rounded out the top 10, pulling in $165.7m in the three years to 2017.
NSW’s 10 highest income schools in 2015-17
● Knox Grammar School: $272.3m
● Sydney Grammar School: $230.1m
● Barker College: $214.8m
● Pymble Ladies’ College: $207.6m
● The Scots College: $200.7m
● Trinity Grammar School: $197.1m
● Newington College: $190.1m
● The King’s School: $180.2m
● SHORE — Sydney Church of England Grammar School: $176.2m
● SCECGS Redlands: $165.7m