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.

I know reform is never easy. But I know reform is right.

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.

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

If you complain, you’re ‘playing the victim’; if you don’t complain, you are a victim.

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

The global economic outlook remains fragile and uncertain. Global economic imbalances persist and we must address them or risk future instability.