This bill amends the Education Act 1989, and sets out objectives to guide the education system in the early childhood and schooling sectors. These objectives inform the setting of the Government’s priorities for these sectors through the statement of National Education and Learning Priorities, which will establish a clear strategic direction that allows a focus on children and young people and their educational outcomes.

This Bill has two broad objectives: to improve the framework for determining how ACC's levied Accounts are funded so it is clearer, more transparent, has a longer-term focus, and supports more stable levies; and to ensure that the residual levy is not over-collected.