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Several of my partner's sons' mates are engineering students. I've helped them with several projects. None of them knew how to hold a screwdriver or hammer efficiently, or had ever used a torque wrench. They were essentially clueless on how to best apply additional leverage to a tight nut. I...

I think if public servants want to be paid private sector salaries, they should also accept private sector risk - so they get remunerated based on the results of their performance. - If they don't see GFC coming, and the nation goes into a crisis, they have their salary cut 75% or are sacked...

I suppose the RBA's one million dollar man will have to revise his views now, and stop banging on jawboning about interest rate rises.