This paper – the extended text of a speech delivered to the Oxford Society in Victoria – suggests that it is important that Australia offer undergraduate education which is comparable with the best in the world. It considers the needs of graduates in a 21st century of global influences and rapid change, and argues for an important role – the need for which is perhaps even more clearly evident in the wake of September 11 - for 'large and liberal education' rather than a premature focus on vocational preparation.
The speech considers the key attributes of the finest undergraduate education in the world, and suggests that Australian undergraduate education does not, in general, rate well on these attributes. It argues that vision, determination, and a massive increase in resources, including the capacity for institutions to generate resources from fees and philanthropy, are needed if Australian undergraduates are to be offered an education which is amongst the best in the world.