The Commonwealth government’s current offer to fund public schools to just 22.5% of the agreed Schooling Resource Standard would leave much of the current school funding shortfall unrepaired. This would squander many of the economic benefits that would otherwise result from full public school funding. Based on disaggregation of previous estimates of the economic benefits generated by stronger school funding and hence scholastic outcomes, we estimate the failure to fulfil the 25% Commonwealth contribution required for full SRS funding would ultimately forego GDP gains of $3.5 to $5 billion per year, and impose net fiscal costs on government (all levels) of $0.6 to $1.5 billion per year.

Education has long been recognised as a vital determinant of both personal life chances and broader economic and social performance.

Stronger public universities are vital to the success of dynamic, innovative economies, and more inclusive labour markets. But decades of fiscal restraint and corporatization have eroded the democratic governance and equitable delivery of public higher education in Australia. There are widespread concerns among both university staff and the broader Australian community regarding many higher education issues: including funding, governance, the insecurity of work in universities, the quality of education, and the affordability of attending university.

As tertiary education has become increasingly essential to employment outcomes, financial security, and meeting the demands of the future economy, the importance of affordable or free tertiary education increases. Instead, education is getting more expensive. Tuition fees have increased significantly since their introduction, and debts are growing and taking longer to repay. The context of

This report from the Carmichael Centre argues that Early Childhood Education and Care (ECEC) services should be treated as a strategic industry of national importance – not just a ‘market’, and not just a ‘cost’ item on government budgets.

If the federal government lifts annual higher education spending to 1% of GDP, it could repair the destruction inflicted by the COVID pandemic and make universities more accessible and affordable for all Australians, according to new research from the Centre for Future Work at the Australia Institute.

Expanded ECEC services would provide a badly-needed boost to Australia’s economic recovery from COVID-19.

Strong vocational education and training (VET) systems are vital to the success of dynamic, innovative economies and inclusive labour markets. Australia’s VET system once provided well-established and dependable education-to-jobs pathways, but a combination of policy vandalism and fiscal mismanagement plunged the VET system into a lasting and multidimensional crisis.

Australia’s universities were uniquely impacted by the COVID-19 pandemic and recession — including the closure of borders to most international students, the implementation of new COVID-safe instruction practices, and effective exclusion from  Commonwealth support programs like JobKeeper.

The COVID-19 pandemic has ushered in an era of unprecedented disruption and transition. Increased public investment in the skills and earning capabilities of Australians will be critical to our post-pandemic recovery.

The provision of free childcare provides the rarest of economic policy opportunities – it’s both an effective form of fiscal stimulus in the short term and has the capacity to boost the long-term participation rate and, in turn, the long run rate of economic growth.

The Centre for Future Work has released a major new report documenting the new challenges faced by Australian university graduates in finding jobs that are stable, rewarding, and utilise their newly-developed skills. The report was prepared in conjunction with Graduate Careers Australia.

Australia’s manufacturing industry is at a crossroads.  After years of decline, the sector has finally found a more stable economic footing, and many indicators point to an expansion in domestic  manufacturing in the coming years.  Manufacturing added almost 50,000 new jobs in the last year – making it one of the most important sources of

A new proposal for a portable training system for disability support workers under the NDIS would help to ensure the program achieves its goal of delivering high-quality, individualised services to people with disabilities. The proposal is developed in a new report from the Centre for Future Work. Under the plan, disability support workers would receive