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And their ratio of politicians per capita ... less politicians and pay the worthwhile politicians more. Australia has one of the highest government ratios in the western world.

Biotech? Agree ... we develop the concept of fabulous pharmacuticals and products for the health industry worldwide - but then sell the concept overseas. I don't agree that we should become "the place to go" as healthcare is hideously expensive and would be unaffordable at current wages...

Spent 8 intensive hours in a Austrade seminar yesterday with a very knowledgable instructor. Asked him towards the end what direction he thought Australia would take after the shakeout of the current global economic situation - with China being the manufacturing centre, India being IT, UK...

Thanks for that. A damn good shakeup for the entire global economy ... even more interesting to see the result of the fallout in several years. I feel a real shift happening.