b'Canberra observed Canberra observedthis experience she should do well asand its not something which has a Australias Chief Scientist. single solution.According to her CSIRO biography, CathyMost people would agree that climate has a link with geophysics through herchange has to be dealt with, but with contributions to the understandingCraig Kelly and George Christensen as of superconducting materials and toelected representatives in the Parliament the development of devices usingyou shouldnt say everyone.superconductors to detect magnetic fields and locate valuable deposits of minerals.Alan Finkel the previous Chief Scientist This work led to the development of verycaused a stir when he advocated using sensitive magnetometers, which are stillgas as an interim short-term solution to used today. any short-term energy supply problems. So, it will be interesting to see how Cathy David Denham AMAs well as her post-nominal awards,handles the difficult issues.Associate Editor for GovernmentCathy has obtained outstanding success denham1@iinet.net.au outside of her research work. She wonAs an addendum; the Chief Scientist the NSW Telstra Business Women ofreports to the Minister for Industry, the year award in 2009, the AgendaScience and Technology, and also works Cathy Foley appointed AustraliasSetter of the Year in the Womensclosely with the Prime Minister both th Agenda Leadership Awards in 2019, thein her role as Executive Officer of the 9Chief Scientist National Science and Technology Council Australian Institute of Physics Medal Cathy Foley AO, PSM, FAA, FTSE hasfor Outstanding Service to Physics inand in order to provide detailed scientific been appointed Australias 9th Chief2016, and the Clunies Ross Medal of theadvice. She will have a staff of 15.Scientist, taking over from Alan FinkelAustralian Academy of Technological when his five-year tenure ends inScience and Engineering in 2015. And December 2020. thats only some of her achievements!Science is having an increasinglyI suspect winning all these awards will important impact in framing severalhave been easy compared to dealing policy areas that are the Australianwith the politics of issues such as Governments responsibility, and thebiodiversity, water management, climate role of the Chief Scientist is now morechange and renewable energy. Even complex because of the interactionher statement to reporters, after her between science and politics. appointment was announced, could cause stirrings from the governments Cathy Foley been around long enough toback bench when she said:deal with the politics associated with the job. She has worked with CSIRO in severalI think everyone agrees climate change roles since 1985, and was appointedis something that has to be dealt with CSIROs Chief Scientist in 2018. WithCathy FoleyCOVID-19 - just a blip in the share market?The economic effect of the COVID-19 pandemic has produced some bizarre results. Just as millions of people around the world lost their jobs or were struggling to get by on government handouts, a report by Swiss bank UBS found that billionaires had increased their wealth by more than a quarter (27.5%) at the height of the crisis from April to July 2020. They simply bought into the share markets at that time and were rewarded accordingly (see The Guardian 9 October 2020). There are now reportedly approximately 2200 billionaires worth a total of $10 trillion.It is easy to be wise after the event but, look at the COVID-19 blip in Figure 1. Ifyou bought at the bottom of the blip,Figure 1.All Ords on ASX (RH axis) and total market capital of listed resources companies in the top 150 companies on the ASX between 2010 and 2020 (LH axis).25 PREVIEW DECEMBER 2020'