And some of what we're doing in Government even now, some of the welfare reform programs that are helping lone mothers come into work are based on things that were very new under the Labour Government in the eighties.

Certainly we know from our own experience how very difficult it is when you've lost an election that perhaps a lot of people were expecting you to win.

Fifty per cent of the public doesn't know what 'fifty per cent' means.

Business leaders must not cling to old ways of doing business, or allow inertia or complacency to prevent them from making the decisions that they will eventually be forced to make.

And some of what we're doing in Government even now, some of the welfare reform programs that are helping lone mothers come into work are based on things that were very new under the Labour Government in the eighties.

We just have to be crystal clear that if we were to abandon all the reforms made over some very painful years in the Labour party, we would be consigned back to opposition.

And it seems to me in that experience may lie at least some of the clues for policy development perhaps constitutional changes as well that Labour will need to make at the national level too.