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Education and training policy is increasingly being framed from a lifelong learning perspective both internationally and in Australia. The need for continual learning over the lifespan is now commonly recognised as a key organising concept in education and training programs. This paper focuses on some of the key policy issues for furthering the goals of lifelong learning in Australia. Five main questions are addressed: (a) what is lifelong learning?; (b) what are the key elements of the policy agenda?; (c) what are the highest priorities?; (d) how much will lifelong learning cost?; and (e) how can investment in lifelong learning be stimulated?