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Stay up to date with the latest news and announcements during Australia’s host year.

Transcript
17 Nov 2014 - 3:00pm
Thank you, everybody. Please have a seat. Good afternoon. I want to begin by thanking Prime Minister Abbott, the people of Brisbane, and the people of Australia for being such extraordinary hosts for the G20. All the arrangements were terrific and, as always, the people of Australia could not have been friendlier and better organized. So I very much appreciate everything that you have done. We had a lot of good discussions during the course of the G20, but as our Australian friends say, this wasn’t just a “good old chinwag.” I really love that expression. (Laughter.) It was a productive summit. And so I want to thank Tony for his leadership, and the people of Brizzy truly did shine throughout this process with their hospitality.
Transcript External
17 Nov 2014 - 10:45am
First of all, could I say what an honour it has been to chair this G20 leaders meeting here in Brisbane. This meeting of the G20 leaders is the most influential and significant gathering that’s ever been held in our country. The thing about the G20 is that it is large enough to be representative of the wider world and it’s small enough to be effective. That’s why the G20 is now such an important element in the global governance architecture. I guess the first thing I should do is to thank the people of Brisbane for their hospitality. It is an honour to host an event such as this, but it is also an inconvenience and I do want to thank the people of Brisbane for making all of the leaders and delegates and media and everyone else associated with this event so welcome.
News
16 Nov 2014 - 9:30pm
Two 16-year-old women from Soweto in South Africa have made the long journey to Brisbane for the G20 Leaders’ Summit, where they had the opportunity to meet Australia’s Treasurer Joe Hockey and South Africa’s Finance Minister Nhlanhla Nene. Hlengiwe Moletsane and Ofentse Mahasha from Molestane High School both wrote prize-winning essays addressing the question: why is the G20 important for countries like South Africa and Australia?
Transcript
16 Nov 2014 - 8:45pm
Good afternoon. First of all, I would like to thank Tony Abbott, the Australian Prime Minister, and the people of Brisbane for hosting such a successful, and purposeful G20. I think we have achieved a good deal in the last 48 hours, and it has been a well-organised, and well run G20. While we are on the other side of the world, and we’re at something called the G20, my focus is very clear. That is delivering the long-term economic plan that is helping to turn Britain around, that’s helping to get our people back to work. That’s about securing prosperity for every family in Britain. That is my focus, and that has been my focus here for the last 48 hours.
Media Release
16 Nov 2014 - 3:45pm
G20 Leaders today welcomed OECD recommendations that will help restore fairness, integrity and transparency to the international tax system. The G20 is on track to deliver on the two-year Base Erosion and Profit Shifting (BEPS) Action Plan to address tax avoidance, with all actions scheduled to be delivered this year as promised.
Media Release
16 Nov 2014 - 3:45pm
G20 leaders will work together to ensure access to affordable and reliable energy for all following a plenary session dedicated to global energy issues. Leaders endorsed landmark energy principles which will ensure energy institutions are more inclusive of emerging and developing economies, will strengthen energy markets, enhance energy security, phase out inefficient fossil fuel subsidies that encourage wasteful consumption and support sustainable growth and development.
Media Release
16 Nov 2014 - 2:30pm
The combined growth strategies of G20 member nations presented at the Brisbane Leaders’ Summit will equate to 2.1 per cent new growth and inject an additional $2 trillion into the world economy and create millions of jobs. The Brisbane Action Plan contains close to 1,000 measures, including more than 800 new ones, which the IMF and OECD estimate will boost the collective GDP of G20 nations by 2.1 per cent by 2018.
Media Release
16 Nov 2014 - 3:45pm
G20 Leaders have agreed to establish a Global Infrastructure Hub in Sydney to increase global investment in infrastructure. Demand for infrastructure investment over the next decade will outstrip the funding capacity of governments alone so private sector involvement is critical.
Media Release
16 Nov 2014 - 3:45pm
G20 leaders today endorsed a range of measures designed to make the global economy more resilient to future shocks and to protect business and consumer interests. Australia has focused on four areas to ensure the circumstances that led to the 2008 global financial crisis will never be repeated: • strengthen financial institutions; • protect taxpayers from having to fund bailouts if ‘too big to fail’ financial institutions run into difficulty; • address shadow banking risks; and • make derivative markets safer.
Media Release
16 Nov 2014 - 3:45pm
G20 leaders have committed to reducing the gap in participation rates between men and women by 25 per cent by 2025. Delivering on this commitment will bring more than 100 million additional women into the labour force across the G20 economies and will significantly increase global growth and reduce poverty and inequality.

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