.jpg)
Opting for private education for your children carries financial implications, shaping your overall financial strategy and requiring meticulous planning to manage the costs.
As we know, sending your kids to a private school is not cheap!
That's the reality of choosing to send your kids outside of the public system.
Plain and simple.
If that's what you and your partner truly want for your kids, you take that into account as part of your wider financial strategy – so that you can afford to.
Now, depending on which school, private school fees can cost anywhere from around $10K a year to around the $35K-plus mark.
Per child.
Which, at the mid to upper end, is a significant amount of money you need to account for each year they're at school.
Particularly if you have, say, three children.
Get this, though.
Earlier this year, some schools – not all – announced some of the most significant fee increases in five years.
At the upper end of the spectrum, Geelong Grammar increased its fees from $41,792 to $46,020, bearing in mind that it's for day-boarding Year 12 students.
Still.
Eye-watering, I know.
Let's put all that in perspective for a moment.
If, for instance, you had three teenage kids at Geelong Grammar at the same time, during that window, you'd need to cover over $100K at the peak.
Crazy.
That being so, it's not surprising then that one in 10 parents with children in private schools are considering switching to the public system, according to reports.
However, if you do want to send your children to private school, it is achievable with early planning, sound investing and reviewing strategies to reduce tax. And potentially a lot of sacrifice as well.
Book in a time with a Vista Financial Adviser if you want to discuss this your options in more detail.
Global markets remained volatile as rising oil prices, inflation concerns and shifting rate expectations continued to impact investor sentiment. In this update, Tyson Roberts explores the latest developments affecting global markets, the Australian economy and the property sector. The article also highlights how ongoing uncertainty and AI-driven market momentum are shaping investment outlooks moving forward.
The 2026–27 Federal Budget is set to reshape Australia’s property market, with major changes to negative gearing and capital gains tax rules. In this article, Matt Damos explains what these reforms could mean for investors, first home buyers and future property strategies. The changes aim to encourage investment in new housing supply while easing competition for existing homes. Discover how the new rules may affect your plans to buy, invest or sell property in the years ahead.
Market volatility can have a bigger impact in retirement, making a reliable income strategy more important than ever. In this article, Paul Antos explores retirement income options including account-based pensions, annuities and blended strategies. He also explains how the Age Pension can provide added stability during uncertain times. Discover practical ways to help protect your retirement income and maintain confidence through changing markets.
Stay in the know with the latest updates, insights, and exclusive content delivered straight to your inbox.
