Changes in the qualification profiles of workers is one indicator of changes in the supply and demand for education and training. Using Australian Census data on highest qualification held (which may understate the incidence of Vocational Education and Training (VET) qualifications if they were obtained after completing higher education) this…

The Australian vocational education and training (VET) system provides training across a wide range of subject areas and is delivered through a variety of training institutions and enterprises (including to apprentices and trainees). The system provides training for students of all ages and backgrounds. Students may study individual subjects or…

It is well established that workers with more years of education earn higher wages. By establishing a reference or "required" level of education for a worker's occupation, it is possible to decompose an individual's actual level of education into years of required education and years of over-education or under-education relative to that…

Nearly one out of five Canadian residents was born outside of Canada and approximately two-thirds of Canada's population growth results from net international migration. Only Australia, where immigrants represent 24% of the population, has a greater percentage of immigrants than Canada (18%). Immigration is a major factor in Canada's economic…

An analysis of the economic returns of education in Australia finds a rising need for education at a time of diminishing apparent returns. It is proposed that the notions of credentialism and education as a positional good provide a better explanation for this phenomenon than does the human capital approach. (MSE)

The aim of this report was to quantify the benefit, in terms of higher wages, of completing a vocational education and training (VET) qualification. Two factors influenced the direction of this research. First of all, VET is concerned primarily with improvements in skill levels (with a likely consequence of improved productivity and therefore…