The full set of numbers tell the story and reveal the massive funding shortfall

Real net spending per person fell 3.8 per cent in 2023–24, 4.8 per cent in 2024–25 and an estimated 5.2 per cent in 2025–26. The fall is accelerating. Based on population and inflation alone, this creates a funding shortfall of about $1.9 billion a year, or almost $8 billion by the end of this decade. …