Is There a Nine O'Clock Beer in Australia?

In Australia, do you have sort of this structure of like elite universities and top notch schools? Is there anything that's the equivalent of that in Australia? And then, how does that shape people's career paths when they're younger? Well, I suppose we don't really have a Ivy League equivalent. But again, that could be a certain luxury of mine in terms of being influenced by someone who's pursued different possibilities for themselves.