The old welfare system was hurting people by discouraging work and marriage. Welfare reform, and now this legislation, will build on the understanding that work and strong families are the foundation upon which we build our future.

People are working harder and harder than ever before and barely staying in place.

When the private does well, there's revenue for the public sector.

It's traditionally not federal policy to fund state and local salaries. It's done sometimes on a temporary basis or a grant basis. But it's not often done. And the reason is clear, because the federal government can't continue in perpetuity these programs.

42% of our management team are women. So we've reset the goal to 50% by 2017. Because that's when Westpac becomes 200 years old as an institution - the oldest bank, and indeed the oldest company in Australia. So that's a lovely point to reflect on.

Part of the core information that I've been purveying is that identity politics is a sick game. You don't play racial, ethnic, and gender identity games. The Left plays them on behalf of the oppressed, let's say, and the Right tends to play them on behalf of nationalism and ethnic pride. I think they're equally dangerous.

In World War II the hostility and the exasperation resulting from the statification of the economy and the strain of the war have been directed as much against the government as against private capital.

At rehearsals, I began conducting the band, counting them in without thinking. I guess it came from watching salsa legends like my uncle and Tito Puente, who was very much the leader of his band on stage.