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Australia's Vocational Education and Training (VET) workforce has several shortcomings which need to be addressed, according to this report by the Productivity Commission.
A diverse range of public and private VET providers meets many of the expectations of students and significant segments of industry....
The National Reform Agenda (NRA) proposed in 2006 by the Council of Australian Governments (COAG) includes a human capital stream of reforms, designed to effect changes in health, education and work incentives. In 2006, the Productivity Commission undertook an assessment of the economic and fiscal...
Human capital theory supports the view that people with higher levels of education and lower incidences of chronic illness should have higher labour productivity. This paper examines the Australian evidence.
Hourly wages can be used as an indicator of labour productivity. While wages are...