Generation X has taken over control of corporate Australia, producing a new wave of CEOs who are far more international than their US counterparts and are more likely to have been promoted from within.

A detailed survey of top-50 CEOs also finds that science degrees were their most popular way to the top, surpassing commerce or law degrees. The University of NSW is the top incubator of corporate leaders, far more important than older or international universities, including Oxford, Yale and Stanford.