The online database compares schools' literacy and numeracy scores with the results of statistically-similar institutions and to the national average.
Dubbed My School 2.0 by the Labor government the improved version will be relaunched today .. boasting extra features like school profiles and more comprehensive academic test results.
Many parents and principals will be keenly studying the financial data shown for the first time.
A preview for journalists by School Education Minister Peter Garrett has revealed the average national net recurrent income per student is about 11-thousand dollars for children in public schools.
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It's 10-thousand for those in Catholic schools and 13-thousand-700 for those in independent schools with the extremes ranging from three thousand to 150 thousand dollars.
