In the quest for comparative advantage, investment will flow towards those countries that can offer more output for fewer emissions. Inaction will cost jobs. Action will support jobs.

The death of Malcolm Fraser underwrites a great loss to Australia... I always thought Malcolm would be around a lot longer. I must say, I wished he had been.

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.

In the quest for comparative advantage, investment will flow towards those countries that can offer more output for fewer emissions. Inaction will cost jobs. Action will support jobs.

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

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.

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