The document discusses the potential for a virtual school network in the Northern Territory of Australia. It notes that virtual schooling is already well-established worldwide, with over 1 million students enrolled virtually in the US alone. The document argues that a virtual school network is needed to help align the Northern Territory's education system with the global knowledge economy and prepare students for an innovation-driven future where many jobs have yet to be created. It highlights strategies taken in Singapore to reform education and connect it to the knowledge economy.