Message from the Prime Minister

It is an honour for Australia to host the G20 in 2014.

It is an important opportunity and a major responsibility. Our Presidency comes at a time when global economic growth is too low and unemployment too high. This is preventing people from reaching their full potential.

So why is the G20 important? It comes down to a simple idea: the world’s major governments can do more economic good for our citizens when we work together. That is what the G20 Leaders Summit is about.

The G20 has proved itself in difficult times. It helped prevent an economic collapse following the global financial crisis. The main problem we must now solve is how to strengthen economic growth and employment, to create opportunities for our people. That is our common challenge.

The best way to do this is by empowering the private sector. To have strong economies, we need business to invest, build the infrastructure of the future and trade with the rest of the world. We must also implement the G20’s financial reforms to ensure our economies are more resilient to future economic shocks.

The challenge for the G20 this year will be to make concrete decisions and take real steps that will improve people’s lives through stronger growth, more jobs and better infrastructure. As the chair of the G20 in 2014, I will ask world leaders to come to Brisbane with a commitment to take practical action. It means developed and emerging economies working together. And it means partnership between governments, private enterprise and the community.

I look forward to hosting world leaders in the beautiful riverside city of Brisbane in November 2014. The G20 will be the most important meeting of world leaders Australia has ever hosted. I want it to make a lasting difference.

More information on Australia's approach to hosting the G20 is available in the Overview of Australia's Presidency.

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