Barack Obama Highlights Climate Change In Speech At University Of Queensland

Ahead of the G20 meeting, President Barack Obama has placed climate change at the centre of a speech to students at the University of Queensland.

Obama

Obama told the gathering that no region had more at stake than the Asia-Pacific. He said climate change was causing more wildfires, flooding, extreme storms and rising seas. “The incredible natural glory of the Great Barrier Reef is threatened,” he said.

Obama pledges $3 billion to the Green Climate Fund to assist developing countries. “Let them leap frog some of the dirty industries that powered our development, go straight to a clean-energy economy that allows them to grow, create jobs and at the same time reduce their carbon pollution,” he said. [Read more…]


Tony Abbott’s Remarks At G20 Leaders’ Retreat

Prime Minister Tony Abbott has welcomed world leaders to the G20 meeting in Brisbane.

AbbottSpeaking in the former Legislative Council chamber of the Queensland Parliament, Abbott said: “This room symbolises the limitations on our power.”

Abbott emphasised the importance of economic reform. He told the gathering his government had repealed the carbon tax, stopped the “illegal boats”, started building roads and getting the Budget under control. [Read more…]


We Shirtfront The Tsar; Abbott Says He Will Confront Putin Over MH17 At G20

Prime Minister Tony Abbott says he will “shirtfront” Russian President Vladimir Putin over the shooting of Malaysian Airlines Flight MH17.

Abbott

Abbott made his comments at a media conference at Caval Ridge Mine in the Queensland electorate of Capricornia, held by Michelle Landry. He defended and praised the coal mining industry. [Read more…]


G20 Finance Ministers And Central Bank Governors Meeting Concludes In Cairns

The meeting of G20 Finance Ministers and Central Bank Governors has broken up in Cairns and Treasurer Joe Hockey says progress has been made on the group’s aim to lift global economic growth by 2% of the next five years.

Hockey

Hockey said: “The IMF and OECD have looked at over 900 measures put forward by countries – of which 700 are new – and estimate our efforts could lift global GDP by 1.8 per cent through to 2018. Their analysis has been released. We are 90 per cent of the way there to meet our 2 per cent goal.” [Read more…]


Tony Abbott Addresses World Economic Forum In Davos

Prime Minister Tony Abbott has addressed the World Economic Forum in Davos, Switzerland.

Abbott

Abbott began his speech with an overview of world economic conditions and the prospects for growth. He reiterated his election campaign themes and said Australia was now “open for business”.

Abbott said his government’s aim is to ensure that every “fit” person of working age remained in the workforce, either in a paid capacity or some other form.

The Prime Minister spoke of Australia’s role as president of the G20 over the coming year. He said he was looking forward to discussions in Brisbane about the digital economy and world infrastructure. He emphasised the importance of free markets and the need for governments to get out of the way of industry. “Government doesn’t create growth,” he said. “People do, when they run profitable businesses.”

“Better governance is not the same as more government,” Abbott told the forum.

Transcript of Prime Minister Tony Abbott’s Address to the World Economic Forum, Davos, Switzerland.

THIS YEAR’S G20: GETTING THE FUNDAMENTALS RIGHT

Abbott

For more than 40 years, this World Economic Forum at Davos has been an important contributor to global progress.

It has brought together some of the best thinkers and most important decision-makers: not to dwell on problems but to focus on opportunities.

As 2014 begins, it’s easier to be optimistic. [Read more…]


Abbott Arrives In Davos For World Economic Forum

Prime Minister Tony Abbott has arrived in Davos, Switzerland, for the annual meeting of the World Economic Forum.

Abbott

Founded in 1971, the WEF is a Swiss non-profit foundation, based in Geneva. On its website, the organisation says: “The World Economic Forum is a membership organization. Our Members comprise 1,000 of the world’s top corporations, global enterprises usually with more than US$ 5 billion in turnover.” [Read more…]