Visionary economist Yanis Varoufakis toured Australia in March as a guest of the Australia Institute, as part of our 30th anniversary celebrations in 2024.

I am starting my address to this year’s summit in the exact same way that I started last year’s address. Because it is just over a year since I delivered these same words, which aren’t actually my words. They are the words of our Climate Change Minister, and they provide a baseline of sorts for what progress has been made in that time.

“An Albanese Labor government will restore Australia’s climate leadership, and listen and act on Pacific island warnings of the existential threat of climate change.” Despite a clear election campaign commitment to listen to Pacific Island nations and act on climate change, the Australian government continues to enable and encourage new and expanded fossil fuel projects. When it