Our future growth relies on competitiveness and innovation, skills and productivity... and these in turn rely on the education of our people.

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.

In Australia, average temperatures have risen almost one degree since 1910, and each decade since the 1940s has been warmer than the one before. That warming is real. Its consequences are real. And it will change our lives in real and practical ways.

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

As our economy faces up to potential labour shortages due to our ageing population and as it moves to a new level of sophistication to compete with the rest of the world, we're going to need every Australian on board pulling their weight, rejoining the workforce, gaining new skills. Writing off individuals and communities suffering from poverty just creates a dead weight for our economy to drag along.

Try harder every day to be better than the day before.

Through hard work and education, we can deliver a strong economy and opportunity for all.