On Tuesday, Prime Minister Anthony Albanese discussed his Made in Australia agenda at the G20 Leaders’ Summit in Brazil, highlighting the economic opportunities of the net-zero transition with the international forum representing 85% of global GDP.

Over two days, the G20 discussed reforms to global governance, sustainable development and the clean energy transition.

Among the top issues raised were action to tackle the worldwide inflation surge and the government’s anti-inflationary measures, balanced with the important cost of living relief for its citizens. 

“Australians are feeling the effects of the worldwide inflation surge, and the G20 allows us to work with other major economies on global solutions to continue easing the pressure,” the PM said.

Food security was another prominent headline issue for the summit, where G20 chair Brazilian President Luiz Inácio Lula da Silva launched the Global Alliance against Hunger and Poverty.

As a founding member of the alliance, Australia will support members by sharing its expertise as a food producer and exporter, as well as support food security and poverty alleviation in our region.

Albanese also met with India’s Prime Minister Modi for the Second Australia-India Annual Summit and other leaders at the sidelines of the G20 for bilateral talks. 

The Australian leader had meetings with the UK’s Prime Minister Keir Starmer, Turkiye President Recep Erdogan, European Commission President Ursula von der Leyen, and a third formal meeting with China’s President Xi Jinping.

Australia’s bilateral relationship with China was further stabilising, the PM noted, with “renewed dialogue” to build understanding on the issues that matter to nations.

A statement from Albanese stressed that the talks helped Australia and China to navigate differences wisely and to build upon those areas where cooperation was possible “without compromising on Australian interests”.

“I congratulate President Lula on a successful G20 Presidency in 2024 and look forward to working with President Ramaphosa as South Africa assumes the G20 Presidency for 2025,” Albanese said.

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