Grammar News

On the cover

Ollie Will, Teddy Stewart, and Tom Wilson (shown from left) hold the distinction of being the only students whose membership of the exceptional First XI Hockey team spans the last three years. Find out more about what makes them and the team so special on page 25.

Every care has been taken to ensure the accuracy of the information contained within this publication. We apologise should any errors remain.

First Nations readers are advised that this magazine contains images and names of deceased persons.

Melbourne Grammar School respects the privacy of its community members and is bound by the National Privacy Principles under the Commonwealth Privacy Act. For a copy of the School’s Privacy Policy, please visit the School’s website or contact the School.

Grammar News aims to connect our School community with our initiatives and activities, present news about our Old Melburnians, and explore the ideas that are shaping our School and leading us towards new ways of thinking. Free to School community members, Grammar News is published four times a year in April, June/July, September/ October and December. The April and September/October editions are published in digital only formats. For further information and to provide feedback: newsletter@mgs.vic.edu.au View

In every aspect, Melbourne Grammar is a well-governed, carefully managed school. This includes our financial management. As an independent school funded in large part by school fees, we understand how vital it is to create a budget that protects families’ investments in education.

Our annual budget is created with the goals of Towards 2030 clearly in mind. Towards 2030 provides the vision, while our operating plans and budget set out the steps required to move toward that vision in the immediate, medium, and long term.

The decision-making process that goes into creating our budget includes not only members of the School Council, but also the executive team led by our Headmaster, including our Director of Business and Finance and our Finance and Audit Committee members. These layers of experience, expertise and credibility ensure our financial assumptions that underpin our forecasting and budget setting are sound, reasonable, and allow for challenges we may not foresee.