There’s a great deal of consensus here at the APEC meeting from countries who are all committed to working together to address the global inflation challenge, to address supply chain security, food security, advancing renewable energy and dealing with the challenge, but also the opportunity of climate change.
Leaders have come together here with a consensus about dealing with global inflation in a way that protects people’s living standards.
And there is a common theme throughout every nation’s contribution here – that we’re all dealing with the global inflation challenge, we need to make sure that we create jobs through acting on climate change, addressing food security, addressing global supply chain challenges, and also making sure that we lift living standards by creating jobs at home.
My task here as the Australian Prime Minister has been to ensure that Australian jobs are protected, and indeed, created at home by improved trade, by addressing supply chain challenges, by taking up the opportunity that the shift to renewables and clean energy will present at home.
And Australia is well-positioned to benefit from the transition to clean energy, with creating jobs and being a renewable energy superpower.
I’m looking forward to going to Brazil to participate in the G20. That will be about advancing Australia’s economic interests, the creation of jobs, lifting of living standards and addressing what is a global inflation challenge.
I’m very pleased that we have reduced inflation, which when we came to office, was over six per cent and rising, to now with a two in front of it and falling.
That is a direct result of the work that we have done.
But also, there’s now an opportunity for us to seize the jobs and economic activity that will come from the shift to clean energy throughout the globe as the world moves to net zero.
This presents an opportunity for Australia. And Australia’s well-positioned.
That’s why we need to promote free and fair trade. And that’s what I’ll be supporting at the G20.
