Search

The article focuses on the comparison nature of private schooling in Australia and Great Britain. It mentions that only a small portion of pupils are attending private schools or independent schools in Great Britain, in which the Independent Schools Council (ISC) reported a total of 6.5 percent or 628,000 pupils schooling in the 2600 independent schools in the country. It explores factors which affects the engagement of pupils in private schools in Australia such as fees and school quality.

The article presents the authors' insights on the comparison of private school choice in Australia and Great Britain. They say that private school attendance in Great Britain has remained at an almost constant six to seven percent of school children population while in Australia, it has increased to almost one third of school children in 2011. They cite the study of F. Green and colleagues which show education and earnings difference between private and public schools in Great Britain.

The article focuses on medical workforce planning in Australia. The question of whether non-doctor inputs are complements or substitutes to the medical-care production function is an issue in the discussion about policy change. Another issue is how the productivity of the physician workforce can be improved. Topics include factors contributing to the increased demand for health services, labor supply trends in Australia and Great Britain, forecasting demand for workers, and the elements in supply estimation such as skill mix, pay, and migration trends.

Revolutionary changes have occurred in the conduct of monetary policy in New Zealand and Great Britain over the last decade; Australian arrangements, too, have changed, albeit in an evolutionary fashion. In all three countries the description of the central bank's objectives is effectively in two parts: an Act of Parliament that sets out the constitutional and legal basis for the central bank and spells out general objectives; and an agreement or remit that gives more precise content to those objectives. In both Australia and Great Britain operational decisions on interest rates are taken by a nine-member committee, whereas in New Zealand the burden of decision making rests entirely on the Governor. Holding the central bank to account is not as straightforward as it looks. Given the fact that all three have numerical inflation targets, it would seem that all that is required is to look at inflation outturns and evaluate whether the targets have been achieved. Ex post accountability also needs to be complemented by ex ante accountability in which the central bank's view of the economic situation is compared with that of independent outsiders.

The article focuses on the policy forum which is committed to explore the issues in the debate on the funding mechanism supporting the schools in Australia. It says that the nature of private education in Australia and Great Britain was compared by Ryan and Sibieta. It adds that the cost-effectiveness of expenditures on government schools was investigated by Jensen, Reichl and Kemp. Moreover, the social benefits of government-supported and independent schooling were reviewed by Daniels.