This publication, edited by Andrew Smith, summarises the outcomes of research projects funded by the National Research and Evaluation Committee on the subject of return on investment in training.
A new body of research has just been completed on the returns to investment in training in Australia. Prior to this research effort, little empirical research had been undertaken on the returns to training in Australia. This research at a glance synthesises the findings of the recent Australian research.
This publication reviews research relating to demand for VET. Demand is expected to increase for 'knowledge work', 'soft' and literacy and numeracy skills. Current policy's focus on the needs of industry and enterprises needs to be re-evaluated in the broader context of the demands of other stakeholders who have longer term interests.