The Australian way of affirmative action is setting goals and recognising discrimination and lack of opportunity and deciding to take action and setting some goals and targets. I guess I prefer that language to talking about quotas.

For a very long time now I've been saying to young women, 'You can have it all, but not all at the same time.' How important it is to take very good care of yourself, of your mental and physical and spiritual wellbeing; it's hard to do. It's easier to be a workaholic than to have a truly balanced life.

I think there's a very clear recognition and understanding that the progress of women in business at the very highest decision-making levels is too slow. This is a discussion that's going on in every country around the world, actually.

My mother played the piano and my father the violin, I can remember my dad teaching me how to waltz; I had my feet on his, my mother playing the piano, and my husband will tell you the lessons weren't very successful.

We all go back to our roots. My father went to the central west, went to Ilfracombe in 1919. He was the manager of the wool scour there. And, Ilfracombe was right at the heart of Australia's great wool industry, and my mother was a teacher at Winton.

I believe the old boys' network is a powerful one. No one gives up power and privilege willingly, do they?

When a woman is fit and healthy, everything else falls into place. We are conditioned to put others first, that 'burnt chop syndrome' we observed in our mothers. It takes discipline to pay attention to our diets, to exercise, to leave time for refreshment of mind, body and spirit.