All these people throwing around statistics have no idea what they even mean. UWS does not necessarily have a lower employment rate because it's bad, it has a lower employment rate because due to its lower ATAR requirements it will draw in people with less motivation and ambition and who are thus less likely to get a job.
It all comes down to you. If you think that you have to get into ANU or whatever other high ranked university to be successful then you're kidding yourself and I feel sorry for you. It's gonna be a shock when you apply for a job with your fancy degree and are rejected for someone from a worse university but better experience or motivation. Employers look at far more than just where you got your degree. And if you define success as being "the best" then oh dear. Good luck.
EDIT: Dude above me has it. Degrees don't guarantee jobs, no matter where you get them from. They don't necessarily even put you above people without degrees. An employer will take someone without a degree but 10 years of experience in the field over someone with a degree, PhD or whatever else and no experience any day.
What they do guarantee is they put you above someone with similar experience but no degree, and they also raise the starting point for pay.
+1
This is SO true, having a Phd doesn't mean you're gonna get a job and it doesn't even give them an "edge" over other employers, lmao. Where do people get these ideas from? Having a phd or sometimes even a degree from any uni just makes you look overqualified to employers. Why would they hire someone fresh out of uni when they're only in their 20s when they can hire someone with 10+ experience, even if they went to a low ranked uni. Less money spent on training and they won't fuck up on their first day. Going to a lower ranked uni will NOT disadvantage you in any way. Employers that DO however judge you on what university you go to, which will rarely happen and has happened to some people I know are total fuckwits. One even asked, "prove to me you're smart". That's when you politely thank them for your time, get up and ask them to call you when they're serious.