The biggest review of taxation ever undertaken in this country, is now dead in the water.

If Margaret Thatcher took climate change seriously and believed that we should take action to reduce global greenhouse emissions, then taking action and supporting and accepting the science can hardly be the mark of incipient Bolshevism.

To the former child migrants, who came to Australia from a home far away, led to believe this land would be a new beginning, when only to find it was not a beginning, but an end, an end of innocence - we apologise and we are sorry. To the mothers who lost the maternal right to love and care for their child - we apologise, and we are sorry.

Let us be honest with each other. The threat to marriage is not the gays. It is a lack of loving commitment - whether it is found in the form of neglect, indifference, cruelty or adultery, to name just a few manifestations of the loveless desert in which too many marriages come to grief.

It's really corny to say, but if you are happily married and have good kids, that is about 98 per cent of what you should be seeking to achieve.

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

We will certainly have to rethink the way in which we design and protect places where large numbers of Australians and indeed this will happen around the world.