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.

I am determined to honour the confidence which has been extended to us by the people of our great land. And I say to all of those who have voted for us today, I say to each and every one of them that I will be a prime minister for all Australians.

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.

In your telephone call, you [Malcolm Turnbull]said that neither you nor the Cabinet would be supporting my nomination. When I asked the reasons for this, you said that neither you nor the Cabinet has the view that I had the qualifications for the position [of UN's secretary-general].

Compassion is not a dirty word.. it's time we rehabilitated compassion into the national political vocabulary of this great nation of ours.

Education is both a tool of social justice as well as a fundamental driver of economic development.

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.