Annual Review 2018
Our Purpose Brisbane Grammar School educates boys within a strong learning culture that is innovative yet respectful of its traditions, by nurturing their intellectual, physical and emotional wellbeing to become thoughtful and confident men of character who contribute to their communities.
Our Ambition Brisbane Grammar School aspires to be the best school for boys in Australia, and an international leader in teaching and learning. The School is committed to offering premium educational and leadership opportunities for boys of all backgrounds, to strengthen its global connections, and to build a vibrant school community among students, parents, staff, Old Boys, and the broader community.
Our Values • Endeavour • Learning • Respect • Leadership • Community
Our Motto nil sine labore — nothing without work
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5 2018 149 highlights years since the founding of Brisbane Grammar School, Brisbane’s first public secondary school
of 2017’s Year 12s earned an OP 1 or 2
years since the founding of Brisbane Grammar School, Brisbane’s first public secondary school
Governance Report Governance Report
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Brisbane Grammar School | 2017 Annual Report
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From the Headmaster 2018, our sesquicentenary year, began with the news of the previous year’s graduates’ exceptional academic results, and by any measure Brisbane Grammar School students have consistently performed at the highest level. Looking to the future, 2019 is the first year of a new academic system for all Queensland high schools. A completely new set of syllabuses has been introduced to our current Year 10s, who will undertake their studies in Years 11 and 12 with new assessment measures to achieve a tertiary rank for post-school pathways. Our teachers have prepared for the new system over several years, ensuring BGS is ready. The School’s foundational aim to provide a broad liberal education has always meant BGS students learn to be thinkers and not simply test takers. Educational research confirms students who regulate their learning (what we call metacognition) perform better in all systems of assessment, both in and beyond school. The Effective Thinking Cultures strategy we have implemented asks teachers and students to utilise knowledge in meaningful ways and to understand and use the virtues of effective learners. In 2018, the School’s Public Purpose program continued to encourage students to mature into men of character who contribute to their families and communities. Our longstanding partnerships with Nursery Road State Special School and The Exchange at Kelvin Grove, where BGS boys tutor refugee children, flourished. Student fundraising to
support numerous community groups continued. The BGS Gender Respect Committee raised socially relevant issues such as equality and diversity. The immersion programs encouraged boys to make a difference: Year 10 students built houses and infrastructure in Cambodia, and Year 11 students learned from Indigenous Elders living in remote communities. BGS students travel to several international leadership conferences. This year, boys represented BGS at the Loudoun International Youth Leadership Summit in Virginia, the Asia-Pacific Young Leaders Summit in Singapore and space tours to the United States. International physics tournaments and cultural exchanges remained popular. Closer to home, Outdoor Education at Moogerah was expanded. A renovated climbing tower provided new height activities, and the Mt Alford and Pulpit Rock properties have been transformed for an official opening in 2019. The School’s Boarding program also evolves. Renovations of both Harlin House common rooms and outdoor social space were completed in January 2018. Teachers have been incorporated into the boarding program to provide academic coaching. An Extended Day Study program, three hours of directed study two evenings a week, was introduced in 2018. Student and parent feedback has been overwhelmingly positive. On the co-curricular front, BGS helped mark the GPS centenary, competing in more activities
than any other school. We remain committed to developing young athletes who compete with determination in a competitive environment. BGS secured GPS premierships in Swimming, Debating and Gymnastics, with the Sailing and Cross Country teams placing second at championship events. Boys were successful at state and national level in Tennis, Rugby, Rowing, Swimming, Debating, Cross Country, Cricket, Gymnastics, Water Polo, Fencing, Track and Field, Volleyball and Snowsports. Our senior Cross Country squad placed an impressive fourth at the World Championship. The Schoolâ€™s cultural program was again grand. Grammar Community in Concert was spectacular, and the Concert Tour of Europe was a highlight of 2018. Our musicians performed in London and Paris; honoured our fallen BGS soldiers on the Western Front in France; shared their music with audiences in Warwick, Cambridge and Oxford; and participated in the International Eisteddfod in Wales, where the Grammarphones placed second and Head of Music, Mr Peter Ingram was named best conductor. The Senior Dramatic Production, The Boy We Lost at Sea, was a poignant and moving production showcasing student comedic and dramatic talent. Student art exhibitions and the Old Boy collection at the annual Art Show complemented a stunning cultural season. Master planning remains an important strategic focus of the Board of Trustees and Senior Leadership Team to ensure enviable educational outcomes in state-of-the-art facilities. Renovations at Northgate are well underway and will be completed for the Football and Rugby seasons in 2019. We thank the Wembley Club, Normanby Blues and Willow Club support groups for helping to design and fund the upgrade, and the P&F Auxiliary who donated $500,000 to this project.
To equip students with skills for careers in the 21st century, we have researched the merits of the STEM agenda, and we believe the integration of Art with Science, Technology, Engineering and Mathematics offers new ways of seeing and knowing the world. Brisbane Grammar Schoolâ€™s STEAM agenda integrates both the creative and scientific disciplines. The School is proceeding to the development and design phase in 2019. This year BGS hosted several celebrations to engage the community in our sesquicentenary: a Gala Dinner at Brisbane City Hall; a visit from His Royal Highness The Prince Edward, Earl of Wessex; a special Grammar Community in Concert; and celebrations in interstate cities, regional gatherings and international reunions. We celebrated everything sport; held the inaugural Harlin House Reunion; and acknowledged our valued volunteers, donors and sponsors at our Celebrating Our Community event. To close the BGS150 year, we launched the official School history book written by esteemed historian Helen Penrose, Light dark blue: 150 years of learning and leadership at Brisbane Grammar School. Brisbane Grammar School continues to evolve, providing the best educational experiences for students, as it has done for 150 years.
Anthony Micallef Headmaster
Our academic profile Since its foundation in 1868, Brisbane Grammar School has been committed to providing boys a liberal education with a broad and balanced curriculum. Students retain breadth across a range of academic endeavours, with sharply focused depth within each discipline. Boys in Year 10 choosing senior subjects are advised to select a broad course of study that aligns with individual academic interests and strengths, and that maximises options and opportunities after school. Years 5 to 10 have a core curriculum that all students must study. This includes the core subjects of English, Mathematics, Science, History and creative subjects (Visual Art, Music, Design and Drama), languages other than English (Spanish, French, German, Mandarin Chinese, Japanese and Latin), Geography and Physical Education.
boys received scholarships totalling $1.5
OP1 or equivalent when
51.2% of students achieved an OP
bonus ranks included
students achieved the maximum Australian Tertiary Admission Rank of 99.95
of BGS students received an A or B on the Queensland Core Skills Test
BGS also achieved the highest QCS Test mean score in the State.
NAPLAN highlights NAPLAN is an annual assessment for all students in Years 3, 5, 7 and 9. It tests the skills that are essential for every child to progress through school and life. The tests cover reading, writing, spelling, grammar and punctuation, and numeracy. 2018 highlights of NAPLAN testing for Brisbane Grammar School include: • best performing school in Queensland overall in Year 9; • best performing school for boys in Queensland across all measures in Years 5, 7, 9; and • best performing school in Queensland in Numeracy in Years 7 and 9.
Year 12 outcomes
Comparison of 2018 BGS results and State results Academic Achievements 2018 100%
96 92.6 85.3
33.7 25.6 25.6
BGS and State OP distribution 2018 16% 14% 12% 10% 8% 6% 4% 2% 0% BGS %
15.5 10.1 9.3
0.8 0.4 0.8 0.4
STATE % 2.83 4.09 4.69 5.05 5.12 5.67 6.3 6.95 6.64 6.62 6.21 6.16 5.59 5.55 5.21 4.68 4.28 3.09 2.14 1.64 0.98 0.38 0.11 0.03 0
University placements 2018
graduates accepted places at
graduates accepted places at
graduates accepted places at other Queensland universities
graduates accepted places at
graduates accepted places at interstate or overseas universities
Most popular courses at universities for 2018 graduates Creative Arts
Architecture and Building
Law Society and Culture
Natural and Physical Science
Management and Commerce
Medicine and Health Science
A well-rounded education The rich co-curricular life at Brisbane Grammar School embraces sport, the visual and performing arts, chess, debating and special interest clubs. Co-curricular involvement reinforces a studentâ€™s place within the BGS community, promoting connectedness, teamwork skills and leadership. The School encourages high levels of participation, achievement and the pursuit of excellence by boys who have talents in specific sports and activities. Such involvement allows boys to develop a range of skills as part of a broad liberal education.
95% of boys involved in at least one sport or activity
boys were involved in co-curricular music, comprising 31 bands, orchestras, ensembles and choirs
BGS participated in all GPS activities
dramatic productions: The Boy We Lost at Sea, Good Grief, KiDD
Basketball Chess Cricket Cross Country Debating Football Gymnastics Rowing Rugby Union Sailing Swimming Tennis Track and Field Volleyball Other sports Fencing Chang Hong Wu Shu
European Tour and Grammar Community in Concert at QPAC were music highlights
GPS team achievements Sport/Activity Basketball Chess Cricket Debating Football Rugby Tennis Volleyball
Percentage of games won
Percentage of ‘A’ games won
90 60 76 62 27 90 70
90 50 75 67 25 95 80
GPS championship achievements Activity Cross Country Gymnastics Rowing Old Boys Cup O’Connor Cup Sailing Swimming Track and Field
Result 2 1 5 5 2 1 4
30 specialist clubs, student committees and activities Aristotle Club Art extension Astronomy Athene Club Aviation Chess Closing the Gap Coding Cooking Club Doctor Who Society Duke of Edinburgh’s Award Enterprise program First Technology Challenge Gender Respect Committee Greening Grammar Inside Story Book Club International Physics Olympiad Inter-School Christian Fellowship Lapidary Club Lunchbox Club Mechatronics Public Purpose Robotics Club The Shed Snowsports Strategic Games Club Student Representative Body Titration 13
Middle School The BGS Middle School caters for boys in Years 5 to 8, providing a safe and supportive environment aimed to nurture the academic, social, emotional and physical development of each boy. The purpose-built classrooms are inviting, and the tablet program provides a multimodal learning platform. Teachers are committed to providing a curriculum that fosters 21st-century skills. In the Middle School, boys are encouraged to develop independence and self-regulation, which ensure a successful transition to the Senior School. Boys enjoy broad participation in the Co-Curriculum program across both sporting and cultural domains. Various clubs catering to a range of interests and special activities throughout the year make the Middle School an exciting and engaging place to learn.
Special activities • • • • • • • • • •
Interwing sports carnivals Public Purpose Signature Programs Year 6 Canberra trip Presentation Afternoon Grandparents’ Day Father’s Day Breakfast Mother’s Day Morning Tea Savvy Scientist evening Tie Ceremony
Student Wellbeing Brisbane Grammar School’s goal is to develop in each boy the attitudes, skills and knowledge that will lead to independent, lifelong learning. A BGS education develops a strong sense of service and loyalty to others, in line with the School Values of endeavour, learning, respect, leadership and community. Care for each member of the community is an integral part of the BGS mission. Our aim is to support boys to be happy, confident and resilient, at school and beyond. A dedicated team implements the School’s formalised Student Wellbeing program, which aims to monitor every aspect of an individual’s progress. Additional case management is available for boys with particular needs.
Student retention The School monitors the rate of student retention at the key junctures of Year 8 into 9, and then from Year 10 to 12, and found over 95% of students remained at BGS over Years 10 to 12.
Student attendance rates Teachers use an electronic roll to mark student attendance each period, with follow-up notification to parents (by text message or telephone) of student absence. This system recorded an average attendance rate of 96%.
Wellbeing audit Psychological wellbeing and safety audits are undertaken each year. The focus of the wellbeing audit is on transition periods, as students prepare to leave the Middle School (Year 8) or commence their senior phase of learning (Year 10). BGS uses the ACER Socio-Emotional Wellbeing (SEWB) survey, in which students are asked to respond to 94 statements. Students with high overall levels of SEWB typically have more positive and fewer negative emotions and behaviours, higher levels of emotional, social and learning skills, and feel more connected to their school, family and community. BGS students exhibit significantly higher levels than the national average. The data collected in the wellbeing audit and safety audit is analysed and forms the basis of recommendations implemented to address identified issues.
Leadership programs As well as learning about leadership as part of the School's Student Wellbeing curriculum, students had the opportunity to practise leadership skills in 2018. At every year level, boys are given an opportunity to take on the challenges of a leadership role, with the theme of ‘lead self, then lead others’. From taking on the job of Middle School Class Captain to attending one of the International Leadership Programs available to senior students, boys learn leadership is an action, rather than a position.
Public Purpose Brisbane Grammar School’s expanding Public Purpose program gives boys in Years 5 to 12 the chance to contribute to their local community and beyond. In 2018, Middle School boys participated in the Solar Buddy Student 2 Student project, supporting impoverished communities in Tanzania. Boys in Year 10 travelled to Cambodia to work on community development projects, and Year 11 students were given the opportunity to attend an immersion program in Indigenous communities in Cape York. Closer to home students are involved with Rosies – Friends on the Street, Nursery Road State Special School, Closing the Gap Committee, Share the Dignity program, tutoring refugees and the Gender Respect Committee. At the core of each experience is the development of a student's ability to reflect, with the ultimate goal of developing a meaningful connection with others.
Indigenous program BGS is proud of its Indigenous program and the influence of our Indigenous students in educating our community on the importance of reconciliation. In 2018, the Indigenous program built on its strong base and focused on: • implementing the Reflect Reconciliation Action Plan; • developing network connections with families of BGS Indigenous students; • providing professional development for BGS staff; • building stronger partnerships with the Cape York Leaders Program and other Indigenous education providers; and • extending the Indigenous education program offered as part of the School's Outdoor Education program.
Boarding In 2018 the Harlin House five-year strategic plan moved to its second year of implementation. Of particular importance was the implementation of a new staffing model. This model's focus is on providing connection with the School and using teaching staff members for supervision. Planning began for the renovations of Harlin House and renovations in the outdoor spaces and recreational rooms were completed.
Student population During 2018, the overall student population was drawn from the greater Brisbane area, regional Queensland and interstate. There were also nearly 70 students from other countries, the vast majority of whom were temporary or extended residents of Australia. There were nine full-feepaying overseas students, including eight in the boarding house.
Outdoor Education The Outdoor Education Centre at Moogerah supports the Schoolâ€™s aim to develop confident young men willing to take on challenges and lead. Activities and programs are designed to be age and skill appropriate. Hiking, abseiling, kayaking and obstacle courses are all designed to teach resilience and foster teamwork. In 2018, work began on developing the new Outdoor Education properties used in the Year 10 program, and a formal weed and tree planting plan was implemented.
A giving community In 2018, volunteers dedicated thousands of combined hours to support Brisbane Grammar School everywhere from the Tuckshop and Grammar Shop to the canteen at Northgate. The P&F Auxiliary donated $500,000 towards the Northgate development and to support a bursary. Support groups — the Wembley Club and the Willow Club — also gave substantial donations towards the Northgate development. The OBA Committee raised $360,940 for the War Memorial Library restoration, through Old Boy donations and the securing of an Anzac Centenary Grant. The campaign was spearheaded by BGSOBA President Chris Austin. In 2017 Old Boy Matt McLennan ’86 pledged $500,000 USD, over five years, towards upgrading the School’s boarding facilities — the second $100,000 USD donation was received in 2018; Old Boy David Malouf AO ’50 gifted a significant collection of artworks; and an anonymous donor gave $750,000 to support bursaries for students in financial need. The 2018 Year Group Bursary raised over $38,000 and industry sponsors donated more than $125,000 towards needs-based bursaries. Old Boys and parents also offered their time and expertise to mentor young Old Boys to give them the best possible start to their careers. The School is indebted to its community for committing their time, treasure and talent. Brisbane Grammar School simply wouldn’t be what it is today without our community contributions.
2018 donor report In 2018,
$2,111,306 was received from
591 gifts by 332 donors.
to provide bursarial support for boys in financial need
towards infrastructure projects
for BGS sports
for new library resources
Our Volunteers A community of over 300 volunteers dedicated their time to various initiatives across the School.
An anonymous donor gifted $750,000 in 2018 to support an Indigenous or regional bursary for a student in financial need.
Matt McLennan '86 set Harlin House's refurbishment in motion, updating common rooms and building an outdoor BBQ area for boarders, with a US$500,000 pledge over five years.
The P&F Auxiliary donated $500,000 to Northgate developments, $250,000 to the War Memorial Library Gardens and continues the 2017 pledge of
for a P&F Bursary.
An Old Boy's ongoing pledge of $1M contributes to the future development of a transformative STEAM precinct to integrate the disciplines of science, technology, engineering, arts and mathematics.
BGS support groups, staff, grandparents and BGS Trustees
105 past parents
parents donated $121,213 through Voluntary Contributions in 2017 and 2018
young alumni (under 30 years)
Old Boys contributed to War Memorial Library refurbishments, with the P&F donation and an additional $74,000 from the Anzac Centenary Grant, a total of $360,940 was raised 21
Celebrating BGS150 In 2018, Brisbane Grammar School celebrated a significant year in its history. The theme for the 150-year anniversary was Celebrating Our Community, and commemorative events brought community members together all over the world. From the major BGS150 events including the Gala Dinner, a royal visit and Sports Lunch, to reunions around Australia and overseas, the theme of community was front and centre. Headmaster Anthony Micallef reflected on BGS meaning so much to so many different people. “Throughout our history, BGS has been a pioneer in providing an outstanding education, as well as nurturing a diverse population of young men to become thoughtful and confident leaders,” he said. “Our Old Boys have given their lives in war for their country, risen to the top of their chosen fields, and have become global citizens who give back to their communities.” In his rousing Speech Day address on Wednesday 14 November 2018, outgoing School Captain Marcus Ray highlighted community as the key factor that has made BGS what it is today. “In 150 years, much has changed at Brisbane Grammar School,” he said. “Buildings have come and gone. Students have come and gone. Headmasters have come and gone. Yet one aspect remains unchanged, impervious to the influences of time – our great sense of community.’” “Our BGS predecessors forged a collective spirit that continues to serve as our school’s very foundation, that binds our diverging paths together, and that defines who we are and what we are today.’” All parts of the BGS community, from current students and Old Boys, to current and past staff, current and past parents, volunteers, donors and sponsors, are commended for coming together to make 2018 such a memorable year.
BGS150 Gala Dinner | Saturday 3 March 2018
Royal Visit | Monday 16 April 2018
Grammar Community in Concert | Sunday 3 June 2018
BGS150 Art Show | Friday 14 September 2018
Celebrating Our Community | Tuesday 16 October 2018
BGS150 Sports Lunch | Friday 7 September 2018
Harlin House Reunion | Saturday 22 September 2018
Remembrance Day | Sunday 11 November 2018
From the Chairman Brisbane Grammar School is both proud and thankful as we celebrate our first 150 years as a school. As the beneficiaries of the hard work and sacrifice of so many past BGS generations, we are inspired to build on this legacy. Our first 150 years have not always been easy. Wars, depressions and lack of financial capacity have at times inhibited the founding trustees’ grand vision for the School. There have also been failures. We continue to recognise the courage and dignity of the sexual abuse survivors who have engaged with the School. We are a better place for their courage in coming forward to the School and the Royal Commission. We cannot erase their hurt, but we have implemented measures to ease their pain and loss. This egregious failure of governance is properly recorded in the new 150year history of the School, published in 2019. Quality educational outcomes at BGS are not accidental. Our teachers’ professionalism and commitment in an always-changing digital environment are outstanding. The School supports teachers by providing infrastructure to optimise teaching and learning, and this is our focus as we finalise our STEAM project plan. STEAM will ensure best practice in science and maths teaching, blending these subjects with design, technology and art to break down silos and foster creativity. Our biggest project ever, this transformative complex will also release much-needed space for our Middle School. Construction of the STEAM precinct is planned to start in 2020, subject to fundraising, financing and planning approval in 2019. The support of the wonderful BGS community will be important, and an active fundraising program will begin in 2019. Looking forward, our other major initiative for 2019 is our 20/20 Bursary Campaign. Our goal is to raise our Bursary Fund from $11 million to $20 million by 2020. Responses from Old Boy year groups asked to create their own year-level bursary fund are encouraging. Year level funds have been created from the Class of 2018 to as far back as the 1943 peer year; a group which left BGS and went straight to war. Pleasingly, a number of Year 12 parents are also supporting this philanthropic commitment. As I enter my twilight period as Chairman, I aim to embed this initiative in all Old Boy year groups’ DNA. Schools like BGS are an investment in our future. Concurrent with STEAM, we also will invest in a much-needed refurbishment of boarding accommodation in Harlin House. Long-term, there are plans to transform Centenary Hall into a performing arts centre and introduce a co-educational primary school at either Northgate or next to our Spring Hill campus. We will balance these goals with the need to pay down debt and maintain a strong balance sheet. Ongoing developments such as the BGS Tennis Centre completed last year, acquisitions at Moogerah and the current Northgate upgrade have been completed in addition to planning for these major projects. The dedication of our P&F in supporting projects, large and small, is acknowledged and appreciated.
Biographies MR HOWARD STACK BA, LLB (UQ) Chairman, Trustee 1991–
Howard Stack is a lawyer and experienced company director with both listed and unlisted companies, including several as Chairman. He was a partner of the leading national law firm Allen, Allen & Hemsley until 2001, and before that a partner with predecessor firm Feez Ruthning from 1969 to 1996. Howard is a BGS Old Boy and was School Captain in 1962. His son also attended BGS and his daughter attended BGGS.
The Board of Trustees
Dr John Fenwick
Mr Stephen Lonie
Ms Megan Houghton
Professor Doune Macdonald
Ms Sue Palmer
Mr Warren Traves
Mr Christopher Morton
Professor John Humphrey
DR JOHN FENWICK
MR STEPHEN LONIE
MS MEGAN HOUGHTON
PROFESSOR DOUNE MACDONALD
BE (UQ) DPhil (Oxon), DEng (UQ), FIEAust, RPEQ, AM Trustee 1999– Deputy Chairman Dr John Fenwick attended BGS from 1958 to 1961, gained an Open Scholarship, and studied Civil Engineering at UQ before taking up a Rhodes Scholarship at Oxford in 1967. In 1988, he took charge of bridge engineering with Main Roads. He currently works as an independent consultant. John’s three sons attended BGS, as did his father and brother. He has served on several other boards including the Senate of The University of Queensland.
MS SUE PALMER
BCom (UQ), CA, FAICD Trustee 2011–
Sue Palmer has had an executive career spanning more than 30 years in senior financial and commercial roles across a range of diversified industries, most recently as Chief Financial Officer of Thiess. Sue is now a professional non-executive director, and sits on the boards of New Hope Corporation, RCR Tomlinson, Qube Holdings and Charter Hall Retail. Her son is a BGS Old Boy.
BCom MBA (UQ), FCA, FAICD, FINSA Trustee 2003– Stephen Lonie is a Chartered Accountant, working for over 30 years with KPMG, with seven years as Managing Partner of Queensland. Since 2002, he has been self-employed as a Chartered Accountant and Management Consultant. Stephen is an experienced Company Director and holds a number of current board positions. Both Stephen and his son are BGS Old Boys.
MR WARREN TRAVES
BE(Hons), MEngSc, FIEAust, CPEng, RPEQ, GAICD Trustee 2018– Warren Traves is a civil engineer with over 30 years' experience in engineering and management. He has been with leading Australian professional services firm GHD for three decades and is a past director of the company. Warren is a past director of the Queensland Bulk Water Supply Authority (Seqwater) and has also been involved in a range of research bodies including the Advanced Water Management Centre at The University of Queensland, the Cooperative Research Centre for Water Sensitive Cities and the Australian Water Recycling Centre of Excellence. He is a BGS Old Boy, along with his father, brother and son.
BCom, BA (Econ) (UQ), GAICD Trustee 2018– Megan Houghton has over nine years' experience as a non-executive director on public and private company boards, including chairing several board committees, as well as 22 years' experience in CEO, senior executive and management consultant roles working for listed companies, government, and professional service firms. Megan is a recognised business leader with accolades including Queensland Telstra Business Woman of the Year in 2010 and named as an Australian Financial Review '100 Women of Influence' award 2012. She currently has a son at BGS and a daughter at BGGS.
MR CHRISTOPHER MORTON BCom, LLB (UQ), LLM (Cantab), FINSIA, MAICD Trustee 2003–
Chris Morton was a partner of international legal firm Phillips Fox prior to moving into funds management. He was the founder and Managing Director of Property Funds Australia Limited and was Managing Director and Deputy Chairman of ASX Listed Trinity Limited from 2009 until 2016. Chris is a BGS Old Boy and was School Captain in 1973. His four sons are also Old Boys.
BHMS (Ed) (Hons) (UQ), PhD (Deakin), FNAK, FAIESEP, GAICD Trustee 2011–
Professor Doune Macdonald was the Head of the School of Human Movement Studies at The University of Queensland from 2004 and is currently Pro Vice-Chancellor (Teaching and Learning) at the University. She also serves on the board of QCAA, and has previously held directorships with UQ Sport Ltd and St Margaret’s Anglican Girls School.
PROFESSOR JOHN HUMPHREY
BCom, LLB (UQ), LLM (Cantab), FINSIA, MAICD Trustee 2003– Professor John Humphrey has over 30 years' experience as a commercial lawyer and is a trusted advisor to many boards. He is currently Executive Dean of the Faculty of Law of Queensland University of Technology. Professor Humphrey was previously a Senior Partner at the leading law firm King & Wood Mallesons. Professor Humphrey is a director of a number of listed public companies and a former member of the Australian Takeovers Panel. From 1993 to 1996, he was a member of the consultative group advising the Commonwealth taskforce on the simplification of Australia's corporate laws, and from 1992 to 1996 he was State President and National Vice President of the Securities Institute of Australia. He and his son are BGS Old Boys.
Finance Financial goals The School includes among its ongoing financial objectives: • maintaining the financial capacity to provide for continuing operation; • continuously improving infrastructure and human resourcing to operate at the forefront of contemporary educational practices that secure the School’s leading position in the marketplace; • performing well-considered master planning to accommodate the Board’s plans for infrastructural developments; • setting tuition fee levels that are affordable, competitive, and allow high quality to be maintained and improved; • regularly monitoring the financial and regulatory environment in which the School operates; and • protecting and expanding the financial resources of the School to sustain its long-term future.
Underlying financial performance The School reported a headline operating surplus for the year ended 31 December 2018 of $6,174K. Total Comprehensive Income of $6,691K additionally includes the one-off recognition by the School of a surplus in its defined benefit superannuation fund. The underlying operating surplus for the year ended 31 December 2018 was $4,619K compared to $4,473K in the prior year. Brisbane Grammar School operates as an autonomous economic unit without the financial backing of a broader educational system. Being a not-for-profit institution, all funds generated must be used to fulfil and further the School’s education mission to its students. The School generates underlying income principally from tuition and boarding fees. Tuition fees are set to allow the School to trade in a solvent position and over time generate capital to sustain the fabric of the School to support contemporary educational needs. The School also receives funding from the Commonwealth and State Governments in accordance with their respective funding models. The School’s largest operating cost is employee expenses, which accounts for in excess of 70% of cash operating costs. Energy, insurance and regulatory compliance costs are significant overheads, and they continue to rise at a rate well above inflation. From year to year, the School’s operating surplus or deficit may vary due to debt interest and other expenses, depending on what stage the School is at in its long-term strategic building and curriculum-planning cycle. Having recently repaid the debt associated with The Lilley Centre, the School is presently in a cash accumulation phase in preparation for its next major capital project, the STEAM precinct. The STEAM precinct is considered to be an important strategic element in continuing to maintain the School’s position as a leader in educational outcomes. Like all independent schools, Brisbane Grammar School is continually investing contributions received from parents over many years in new infrastructure and maintenance of existing infrastructure. This process is continuous and to some extent inter-generational. All current students enjoy the benefit of the School’s existing infrastructure, much of which was originally funded by contributions from the parents of past generations of students. A surplus in the independent school sector is considered good financial practice. It gives parents and the community confidence that these schools are financially viable and responsibly managed.
Sources of income
Administration Tuition and Co-Curriculum
* excluding depreciation and fair value adjustments
Brisbane Grammar School Gregory Terrace Brisbane QLD 4000 T +61 7 3834 5200 E email@example.com W brisbanegrammar.com CRICOS Provider Number 00489C