Prime Minister Kevin Rudd addressed the National Press Club in Canberra today.
Rudd’s speech centred on depicting the Australian economy as strong and its difficulties as small by comparison with the rest of the world.
He reiterated his previous statements that the China boom is over and emphasised the economy’s transition to a new investment phase. He argued that ongoing productivity improvement is vital and attacked the negativity of Opposition Leader Tony Abbott.
- Listen to Rudd’s speech (29m)
- Listen to Rudd take questions (33m)
- Watch Rudd’s speech (29m)
- Watch Rudd’s graphs:
Official transcript of Prime Minister Kevin Rudd’s Address to the National Press Club.
The Australian Economy in Transition: Building a new National Competitiveness Agenda
I am, without apology, an optimist about our nation’s future.
Our national strengths are formidable.
Our weaknesses, compared with the rest of the world, are few. [Read more...]