It is a high honour to be elected Prime Minister of Australia.

I conclude where I began, I was elected by the people of Australia to do a job. I was not elected by the factional leaders of Australia, of the Australian Labor Party to do a job - though they may be seeking to do a job on me, that's a separate matter. The challenge therefore is to honour the mandate given to me by the Australian people.

The Government's mission is to build a strong and fair Australia capable of meeting the new challenges of the 21st century.

2009 was a tough year, but Australia rose to the challenge of the global financial crisis. It shows what can be done when we all join together and work together, governments of all persuasions state, territory and local; businesses large and small; unions and local communities right across the nation.

It is tragic that we have lost one of our nation's finest actors in the prime of his life. Heath Ledger's diverse and challenging roles will be remembered as some of the great performances by an Australian actor.

We want a national emissions trading scheme, the Government does not and has rejected one for years. We want to boost the mandatory renewable energies target, the Government has failed to do that. We want a national demand side management strategy for the country to reduce electricity consumption and the Government, up until now, has done very little on that score.

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.