Apec Summit: Mr Turnbull and Thursday Night

apec summit: Mr Turnbull made the comments in a wide-ranging speech to the Business Council of Australia in Sydney on Thursday night, before flying to the APEC summit in Peru, according to Australian Broadcasting Corporation. He said the Australian economy must become more flexible and competitive but in the wake of Donald Trump election win in the United States, Mr Turnbull also emphasised the need for reform that was seen to be fair . We must not ignore the fact that the impacts of change can be borne unevenly across the community, Mr Turnbull said. Dan Himbrechts Related Story Australia to champion free trade as APEC talks begin Related Story Trump win to weigh heavily on world leaders at APEC meeting Map Australia Prime Minister Malcolm Turnbull says Australians will have to accept policies that create short-term winners and losers in the interests of strengthening the economy for all. To overcome disquiet we must ensure that the benefits of open markets deliver, and are seen to deliver for all Australians, not just a few. The need to undertake reforms to deliver long-term gains for all Australians, which may create winners and losers in the near term, isnt keenly felt in many parts of Australian society, Mr Turnbull said. The Prime Minister said 25 years of continuous economic growth in Australia sometimes made the case for changing economic policy more challenging. (news.financializer.com). As reported in the news.