We are still in a position where equities are representing good value. Some companies are taking advantage of that.

Mergers and acquisitions will continue to be a major driver for the next 12 months. There is a lot of cash on corporate balance sheets and very attractive valuations.

You see, before I became prime minister, the Australian prime minister only attended ever two meetings in the world: the British Commonwealth Heads of Government Meeting and the South Pacific Forum.

Redemption basically is about holistic health, if you want to translate it into modern parlance. What I suggest - based on the Christian tradition but not often preached - is that you can't enter into the fullness of the Pascal mystery of the redemption unless there is a radical transformation of motivation within you.

I think there are a number of bishops - and I put Cardinal Mahony in that category - who listen too much to his lawyer and not enough to his heart.

If one takes pride in one's craft, you won't let a good thing die. Risking it through not pushing hard enough is not a humility.