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.

It is unlikely that you'll have anything emerge from MEF (Major Economies Forum) by way of detailed programmatic specificity.

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.

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.

Ladies and gentlemen, it is with great sadness that I announce that I will resign as Australia's Minister for Foreign Affairs. I am sad because I love this job. I'm totally dedicated to the work that we are doing in Australia's name around the world, and I believe that we have achieved many good results for Australia, and I'm proud of them.

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

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.