Do you own NAB shares? Flog ‘em now.

NAB’s CEO has decided to work amongst his hoi-polloi in a corner cubicle.

Cubicles are one of worst false economies created by bean-counting. Managerial types seem to thrive on interruption. They love a crisis in which they can prove that they are as good as Captain Hornblower.

However it’s been known for a long time that cubicles are dreadful for productivity, particular in businesses where attention to abstract detail is important. Such as, I don’t know, banking.

Still, it could be worse. He could decide to introduce hot-desking.

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