Our nation is well equipped to make the transition. We have an abundance of natural resources like wind, natural gas, solar and geothermal.

I don't rule out the possibility of legislating a Carbon Pollution Reduction Scheme, a market-based mechanism.

Here in Australia we do get impacted by global economic events. But we should have some confidence that our economy has got strong underlying fundamentals.

Those of you who have spent time with Australians know that we are not given to overstatement. By nature we are laconic speakers and by conviction we are realistic thinkers.

We encourage China to engage as a good global citizen and we are clear-eyed about where differences do lie.

Afghanistan must never again be a safe haven for terrorism.

At the end of the day government is about teamwork and partnership and we will be proving that by working together.