Part 2 of this Australian newsletter from the National Clearinghouse on the Transition from School to Work contains 11 review papers offering perspectives from various authors on a youth policy. The first two papers, "Youth Policies" by Shears and Matthews and "Putting Youth into Youth Policy" by Clohesy, provide an overview of the issues and the essential elements of a youth policy. In paper 3, "Measuring the Status of Youth," Sweet makes a further contribution to the work he has already done to describe the situation of teenagers in the labor market. In this paper, he argues the need for an adequate statistical index of youth in difficulty. In the fourth paper, "Some Psychological Effects of Unemployment in School Leavers," Tiggemann and Winefield report some preliminary results from their longitudinal study, indicating the effects of employment and unemployment on young people. The next two papers, "Perspectives on a Youth Policy: A View from Education" (Hughes) and "Higher Education and Youth Policy" Anderson, reflect on the relationship between a broad youth policy and secondary and higher education. "Financial Incentives for Teenagers" (Ironmonger), "A Youth Allowance" (Edwards), and "Beyond the Refuge: Income Support and Public Housing" (McDermott) all deal in some detail with the financial implications and issues of a youth allowance. Baker, in "Rhetoric is Fine...But Delivery is Another Thing," points out that many inconsistencies exist as far as the formulation of policy and its delivery in services are concerned. In the last paper, Blakers partially sums up the themes of the preceding papers and offers some views of her own on a youth policy.(KC)