Final answer:
Government plays a major role in education financing and provision at different levels in Australia and other countries.
Step-by-step explanation:
In many countries, including Australia and the United States, the government plays a major role in funding and providing education. For example, in Australia, 5.7% of GDP was spent on education in 2019-20, totaling about $114 billion. Similarly, in the United States, state and local governments spend about $840 billion per year on education compared to $100 billion by the federal government.
While not all spending on education needs to come from the government, government spending seems likely to be significant, especially in low-income countries. In high-income countries like the United States, the focus is more on getting a bigger return from existing spending and improving the performance of high school graduates.
This shows that education financing and provision are closely related to the government, with the government playing a major role in funding and providing education at different levels.