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On this episode of The nestegg Podcast, host Maja Garaca Djurdjevic and three experts discuss the ups and downs of online auctions, the power of activist short-sellers, and tax time 2021.

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Steve Waters, director of Right Property Group, chats about online auctions and why they resemble “a bad Zoom meeting”, the growing resilience of the property market, and how Sydney’s lengthy lockdown could shake things up.

RMIT’s senior lecturer of finance, Dr Angel Zhong, delves into short selling – the original trade that sent GameStop stock soaring – and how activist short-sellers are impacting markets.

And lastly, tax and super guru Timothy Munro talks about those early tax lodgers and possible ramifications, as well as detailing the temporary shortcut method, which you may be able to use this tax time.

Have a question for our experts? Get in touch at [email protected] and you might get featured on the next episode.

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Think tank wants to pay top teachers $180k

By Cameron Micallef

February 11 2020
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Earn

Think tank wants to pay top teachers $180k

By Cameron Micallef
February 11 2020

Australian teachers could be paid up to $180,000 under a new proposal by a think tank to help stop the nation’s students from falling further behind in reading, science and mathematics.

Think tank wants to pay top teachers $180k

By Cameron Micallef

February 11 2020
Share

Australian teachers could be paid up to $180,000 under a new proposal by a think tank to help stop the nation’s students from falling further behind in reading, science and mathematics.

According to the Grattan Institute, creating “master teachers” who are the top 1 per cent of the profession with no formal classes could act as pedagogical leaders, helping to support other teachers’ needs and training.

Peter Goss, school education program director for the Grattan Institute, believes while it’s not a cheap program, “there is extra money coming into government schools in the next few years”.

The master teachers would guide “instructional specialists”, with the hope that by 2032 there would be 20,000 instructional specialists and 2,500 master teachers.

To attract the best candidates, the jobs would pay $180,000 a year or $80,000 more than standard pay for teachers, while instructional specialists would receive $140,000.

Combined, the think tank believes it would boost student learning by 18 months by the time they reach the age of 15 and further professionalise teaching.

While the government’s new funding will cost $1,000 per student, the Grattan Institute’s plan would cost about two-thirds.

The report said: “The expert teacher career path would be expensive but affordable. For government schools, the cost would be a little over $400 million for the first four years.

“Costs would then rapidly increase. In 2032, when the model would be 80 per cent operational, it would cost government schools about $1.8 billion per year, or 3 per cent of their projected funding.

“Put another way, it would cost about $560 per government school student per year in 2032 compared to projected funding of $19,500 per student. This cost would drop if some existing instructional leadership programs were rolled into the expert teacher career path.”

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About the author

Cameron Micallef

Cameron is a journalist for Momentum Media's nestegg and Smart Property Investment. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leverage their insights to grow your portfolio.

About the author

Cameron Micallef

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