We learn from every natural disaster. Whether it's a fire or a flood, we learn something from it so we can respond to the next one better.

We learn from every natural disaster. Whether it's a fire or a flood, we learn something from it so we can respond to the next one better.

Many Liberals are rightly dismayed that on this vital issue of climate change we are not simply without a policy, without any prospect of having a credible policy but we are now without integrity. We have given our opponents the irrefutable, undeniable evidence that we cannot be trusted.

I am an ambitious person, but I am not ambitious in the sense that I want jobs only for the sake of them... I am here to do things I think are worthwhile. I am always careful that the political positions I take are consistent with good policy. I would not want to be prime minister of Australia at any price.

Newspapers are busily experimenting with different models. Traditionally, and I suspect in hindsight very mistakenly, online news was free. And once given free access readers felt it was their entitlement.

In economics, one of the most important concepts is 'opportunity cost' - the idea that once you spend your money on something, you can't spend it again on something else.

On balance, after weighing the arguments, I believe that the time has come for Australia to create a new sovereign wealth fund.