A high level of quality teacher education determines a successful society’s development in the era of the knowledge economy. In this regard, most developed countries are placing great emphasis on the related issues. The main objective of the present research is to explore and compare ways of improving quality teaching in Ukraine and Australia by considering annual state reviews and policy directions that have had an impact on quality teacher education in both countries. The findings revealed by the chapter might have wide applicability in enhancing quality teaching in Ukraine as it enters the global education environment.