K–10Mathematics K–10 Syllabus (2022)
The new Mathematics K–10 Syllabus (2022) is to be implemented from 2024 and replaces the Mathematics K–10 Syllabus (2012).
School sectors are responsible for implementing syllabuses and are best placed to provide schools with specific guidance and information on implementation given their understanding of their individual contexts.
Content
Stage 5
- MAO-WM-01
develops understanding and fluency in mathematics through exploring and connecting mathematical concepts, choosing and applying mathematical techniques to solve problems, and communicating their thinking and reasoning coherently and clearly
- MA5-FIN-C-01
solves financial problems involving simple interest, earning money and spending money
Solve problems involving wages given an hourly rate of pay including penalty rates for overtime, weekends and public holidays
Calculate earnings from non-wage sources exploring Loading , piece work and royalties
Calculate weekly, fortnightly, monthly and yearly earnings assuming 1 year = 52 weeks
Calculate leave loading by finding a percentage of eligible normal pay
Investigate sources of published tables or online calculators and use these to calculate the weekly, fortnightly or monthly tax to be deducted from a worker’s pay under the Australian Pay-As-You-Go (PAYG) taxation system
Determine annual Loading by exploring allowable deductions and current tax rates
Calculate net earnings after deductions and taxation
Establish and use the formula to find simple interest where simple interest, principal, interest rate per time period and number of time periods
Apply the Loading formula to solve problems related to investing money at simple interest rates, both algebraically and graphically
Calculate the cost of buying items on terms, by paying an initial deposit and making regular repayments
Examine payment options involving buy now, pay later and investigate the costs associated with these schemes for purchasing goods
Examine the principles behind short-term loans involving small dollar amounts and compare borrowing costs associated with using these products