Data show that educated workers earn higher wages and are unemployed less often. Some researchers believe that education improves a worker's productivity (or "human capital"), making them more desirable on the job market, while others believe that it improves a worker's network (or "social capital"), giving them more…

Australia has made significant changes in the ways it regulates and funds vocational education and training (VET), with increased emphasis on competition to promote efficient delivery of the type of programs that students and employers want. National, state and territory governments have increased the role of employers by basing nationally…