A $1.1 million settlement between a sexually assaulted student and Geelong Grammar School has been reached.

The victim’s payment will potentially allow for new court action against other institutions that have made significantly smaller payouts.  

The decision will have a large impact on the catholic church, with hundreds of cases settled after payments of less than 75,000 saw victims waive their right to sue.

Both Queensland and Western Australia have amended laws to give courts discretion to set aside historical deals of release.