Victoria has rejected the Federal Government’s offer to up its share of public school funding, which means they’re heading towards a good old-fashioned standoff… Currently, the states and territories are meant to cough up 75% of the funding with the Commonwealth chipping in 20%. This time, the Feds have offered to increase their share to 22.5% over 5 years, but Victoria has said ‘yeah nah’, demanding the full 5%. The government has already struck school funding deals with Western Oz and the Northern Territory – the others have until the end of the month to get on board or forgo $16 billion of additional investment… In other news from Canberra, Labor will today announce it’s approved the first wave of funding to build 13,700 new social and affordable homes under its Housing Australia Future Fund. They’ll include 4,220 rent-capped homes for low income earners and 1,267 homes for women and children escaping domestic violence and older women facing homelessness.