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.

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.

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.

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.

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

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.