The Mayor of New York recently announced a deal to provide cheap access to real estate for the purpose of setting up a science/technology type university in New York. His plan was to get some of the action away from Silicon Valley.

This is precisely the kind of thing which should be happening in this country and the state of NSW should be the candidate. It was recognized that the NYC proposal would not change the world overnight, but it was thought that in the long term something useful could be achieved.

At present Australian graduates are lured away from this country by the gravitational pull of prestigous overseas learning institutions. So if anyone is interested in trying to keep them here they'd best do something about it.