Australians are a passionate lot. We are also a very practical lot.

My task, as a member of this parliament and a 30-year member of the Australian Labor Party, as its former leader, as its former foreign minister and its former prime minister, is to now throw my every effort in securing Julia Gillard's re-election as Labor prime minister at the next election.

By way of personal instinct, I have an inherent distaste for grandiose rhetorical statements, which don't have any substantive dimension to them

But Australia faces additional regional and global challenges also crucial to our nation's future - climate change, questions of energy and food security, the rise of China and the rise of India. And we need a strong system of global and regional relationships and institutions to underpin stability.

Senator Obama's message of hope is not just for America's future, it is also a message of hope for the world as well. A world which is now in many respects fearful for its future.

I deeply believe that if the Australian Labor Party, a party of which I have been a proud member for more than 30 years, is to have the best future for our nation, then it must change fundamentally its culture and to end the power of faceless men. Australia must be governed by the people, not by the factions.

The time has now come for the nation to turn a new page in Australia's history by righting the wrongs of the past and so moving forward with confidence to the future. We apologise for the laws and policies of successive parliaments and governments that have inflicted profound grief, suffering and loss on these our fellow Australians.