This has been a very important, sobering experience today. I am very humbled by it. I am very humbled by the great honour and responsibility that has been given to me today. We need to have in this country, and we will have now, an economic vision, a leadership that explains the great challenges and opportunities that we face.
Describes the way in which we can handle those challenges, seize those opportunities and does so in a manner that the Australian people understand so that we are seeking to persuade rather than seeking to lecture.
This will be a thoroughly Liberal Government. It will be a thoroughly Liberal Government committed to freedom, the individual and the market. It will be focussed on ensuring that in the years ahead, as the world becomes more and more competitive, and greater opportunities arise, we are able to take advantage of that. The Australia of the future has to be a nation that is agile, that is innovative, that is creative.
This is a vision of the nation as an economy and of our political leaders as economic managers.
This is too small a view of nation and leadership. It is too limited in scope.
This is true also of Turnbull's commitment to "freedom, the individual and the market". This is misconceived. You don't serve the individual by serving the individual alone. You serve the individual by upholding the institutions and traditions which help form his identity, which inspire his loves and attachments, and which anchor his commitments.
Turnbull is a classical liberal (a right-liberal). A few years ago I wrote a post attempting to explain why classical liberalism doesn't work over time, which I think is worth reading: Can classical liberalism get what it needs?