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

Compassion is not a dirty word. Compassion is not a sign of weakness. In my view, compassion in politics and in public policy is in fact a hallmark of great strength. It is a hallmark of a society which has about it a decency which speaks for itself.

A continuing narrative throughout Australia's history that says it is better to build up than to tear down - this is the continuing mission of Labor.

We are so fortunate, as Australians, to have among us the oldest continuing cultures in human history. Cultures that link our nation with deepest antiquity. We have Aboriginal rock art in the Kimberley that is as ancient as the great Palaeolithic cave paintings at Altamira and Lascaux in Europe.

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

There are many who criticise the United Nations. And those of us who know this institution well know that it is not immune from criticism. But those who argue against the United Nations advance no credible argument as to what should replace it. Whatever its imperfections, the United Nations represents a necessary democracy of states.

The alternatives [to the stimulus packages] were to do nothing or, worse, effectively replicate the Premiers' Plan of 1931 when governments cut expenditure, thereby compounding the problems created by a private sector already in retreat. The result, of course, was an economic rout, appalling unemployment and a decade of negligible growth through the 1930s