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.

On Putin, Abbott said: “Look, I’m going to shirtfront Mr Putin – you bet I am. I’m going to be saying to Mr Putin – Australians were murdered and they were murdered by Russian-backed rebels using Russian supplied equipment. We are very unhappy about this. We accept that you didn’t want this to happen, but we now demand that you fully cooperate with the criminal investigation, and if the criminal investigation identifies suspects that you have some influence over, they’ve got to be produced and justice has got to be done.” [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.”

  • Download the G20 Finance Ministers Communique (PDF)
  • Listen to Hockey’s statement and Q&A (24m)

    Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

  • Watch Hockey (13m)

Closing Statement from Treasurer Joe Hockey to the G20 Finance Ministers and Central Bank Governors Meeting.

Treasurer’s closing statement, G20 Finance Ministers and Central Bank Governors Meeting

Today concludes the Cairns meeting of G20 Finance Ministers and Central Bank Governors.

This is our third meeting this year, and let me say it was marked by a strong spirit of cooperation, helped no doubt by the wonderful Cairns community and environment. [Read more...]


Abbott Calls For Independent Investigation Of MH17; Foreign Minister Off To UN To Co-Ordinate Campaign

The Prime Minister, Tony Abbott, has dispatched the Foreign Minister, Julie Bishop, to the United Nations to co-ordinate Australia’s demand for a full and fearless investigation into the shooting down of Malaysian Airlines flight MH17.

Abbott

Speaking at a press conference, Abbott and Bishop said a binding United Nations Security Council resolution was needed to ensure that an independent and impartial investigation takes place.

Abbott said a proper investigation “is a matter of the utmost gravity for us and others”. He said 298 innocent people have been killed, “people who had no part in the conflict in Europe but whose lives were snuffed out”. [Read more...]


Shorten: A Pall Of Shock Hangs Across The Australian Nation

The Leader of the Opposition, Bill Shorten, has given support to the government and called for an independent investigation of the attack on Malaysia Airlines flight MH17.

Shorten

Speaking at a press conference in Melbourne, Shorten describing the shooting down of the plane as an “act of devastating evil and shocking beyond comprehension”. He said a “pall of shock hangs across the Australian nation” as it attempts to comprehend something “alien to our experience”. [Read more...]


G20 Finance Ministers Commit To 2% GDP Growth Target

The G20 Finance Ministers have committed to a collective growth rate of 2% above the current trajectory over the next five years.

Hockey

Speaking after the meeting of Finance Ministers and Central Bank Governors in Sydney, Treasurer Joe Hockey said: “Realistically, these policies could mean an extra US$2 trillion in global economic activity and tens of millions of additional jobs.”

Each country in the group has agreed to deliver a comprehensive growth strategy as part of the Brisbane Leaders Summit in November.

  • Listen to Joe Hockey’s press conference (24m)

    Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

  • Listen to US Treasury Secretary Jack Lew (16m)

    Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Media release from the Treasurer, Joe Hockey.

CONCLUSION OF G20 FINANCE MINISTERS AND CENTRAL BANK GOVERNORS MEETING IN SYDNEY

Today marks the conclusion of the first G20 Finance Ministers and Central Bank Governors Meeting in Sydney, which is the first on Australia’s soil as part of our host year.

In an unprecedented statement, the G20 Finance Ministers and Central Bank Governors committed to implement policies to grow our collective GDP by more than 2 per cent above the current trajectory over the next five years. [Read more...]