In 1995, Australia adopted the Australian Qualifications Framework (AQF), a unified system of national qualifications in schools, vocational education and training institutions (TAFEs and private providers) and the higher education sector (mainly universities). The AQF is recognised by employers, and educational institutions both in Australia and abroad.
Read about the AQF here. http://www.aqf.edu.au/
NOOSR is an Australian government organisation that helps Australian institutions recognise international qualifications. Conversely NOOSR also promotes the recognition of Australian qualifications overseas.
Read About NOOSR recognition of Qualifications here. http://www.aei.gov.au/Services-And-Resources/Services/Qualifications-Recognition/Pages/default.aspx