LIZ DANIELS: Prime Minister, thanks for joining us.

ANTHONY ALBANESE, PRIME MINISTER: Great to be here. Thanks for joining us in Korea.

LIZ DANIELS: Thank you for having us. So, the last couple of weeks through the trip to Washington and this trip to Asia, it looks like you've had access all areas. After those talks with multiple leaders, what do you think of the state of the world and our place in it?

PRIME MINISTER: Well, the world is going through a difficult period. There's competition between the great powers, of course, but Australia's role is, I think, really strong. We have good relationships. We stand up for Australia's national interest. That's why I'm here in Korea and previously in Malaysia or in Washington. We're trusted economic partners, but we also, I think, engage constructively in global affairs because it is in our interest. One in four of our jobs depends upon trade.

LIZ DANIELS: And we talk a lot about the importance of trade on our jobs. But what would a deal done here mean for households, for their power bills, for their grocery bills?

PRIME MINISTER: What it means is that if we do jobs here, we have more economic activity in Australia. It's part of engaging the global economy, of the challenge of reducing inflation, which has been a global issue, of building jobs, which after COVID has been struggling around the world. But when I talk to other leaders, there's no place you'd rather be than Australia right now.

LIZ DANIELS: You've certainly had a successful trip, Prime Minister. Thanks for being on Weekend Today.

PRIME MINISTER: Thanks, Liz.