DURING a visit to Bond University on Monday, mining magnate Clive Palmer couldn't resist taking a swipe at the federal treasurer Wayne Swan.
Mr Palmer said Mr Swan's love for the Boss, Bruce Springsteen, was rather appropriate as Mr Swan was "born to run".
However, Mr Swan's appreciation of Mr Springsteen himself was not so well placed as Mr Springsteen was a multi-millionaire who lived in a $40 million apartment in New York and sang songs about poor people in New Jersey.
During his keynote address Mr Palmer praised the impact education had on Australian social and economic life.
Mr Palmer said education was the key to opportunity and believed too many young people entered the workforce without the right schooling to get the jobs that would give them a fulfilling life.
Delinquency, unemployment, chronic dependence and a waste of human resources were a huge cost to society, Mr Palmer said.
Over the next decade, around 1 million young men and women would enter the labour market, many without even graduating high school.
"Where are they going to get jobs, which business will employ them?
For Australia to take its rightful place in the world it needed to improve education and the excellence of its universities.
"Australia must be prepared to seize the opportunities as they present themselves."
Although people both in business and academia faced challenges not see before, there never had been such opportunities for growth and expansion as there was in the world today.
Mr Palmer said in the next 12 years, around 350 million people in China would move from the countryside to the cities and claim their place in the world's economic landscape.
Participating in meeting the needs of this growth created opportunities for Australia, for Queensland, for the students of Bond University.
Mr Palmer then went on to say we needed more love in our life, more forgiveness and more reconciliation.
The best way to ensure development in conditions of growth was to ensure we had a peaceful world to live in.
Making peace was a lot harder than making war.
It required a consistent, persistent effort and progress came in small doses.
"We have to realise that at the end of the day we are all children of god and have more in common than divides us," Mr Palmer said.