We have seen this complete right wing takeover of modern liberalism, and it is an ugly spectacle to behold.

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.

A core challenge for Australia is - how do we best prepare ourselves for the Asia Pacific century - to maximise the opportunities, to minimise the threats and to make our own active contribution to making this Asia-Pacific Century peaceful, prosperous and sustainable for us all.

A future where all Australians, whatever their origins, are truly equal partners, with equal opportunities and with an equal stake in shaping the next chapter in the history of this great country, Australia.

We have a prime minister, I'm the foreign minister, I'm trying to get on with the job of doing Australia's foreign policy.

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.

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.