People learn from failure or from lack of success.

The proliferation of outlets that digital technology has enabled has itself contributed to the changing nature of what we regard as 'news' and the way in which many citizens perceive politics.

Everything we do as a government is focused on getting help and support for hard-working Australian families. We are standing up for them.

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

When politicians offer you something for nothing, or something that sounds too good to be true, it's always worth taking a careful second look.

What you've got to do is recognize that you don't control everything for a start, you've got to play the cards you're dealt, the hand of cards you're dealt, as best you can, and that's what I always seek to do.

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.