The Turnbull Government has passed Gonski 2.0 through federal parliament, boosting the package to $23.5 billion into education over the next decade.

The Gonski 2.0 package will ensure underfunded schools reach funding targets in six years instead of 10 and $50 million will be spent on a transition fund for Catholic and independent schools over 12 months.

Here’s exactly how Gonski 2.0 is going to work for schools and where the money will go:

The Government will dedicate $23.5 billion into education over the next decade. (Image: Getty)

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Do you think Gonski 2.0 will be a good thing for your family?