The Prime Minister says Australian’s must strive to end conflict around the globe and will only benefit from a more secure world.

“I want a more stable and secure world because it has an impact, not just on humanity,” Mr Albanese said.

“As we see with death and in Ukraine, with too many innocent lives being lost in Israel and Gaza, the conflict in parts of Africa as well, but it also has an impact on people who aren’t directly affected on our economy.

“You know, conflict has an impact on the economy. Global inflation isn’t solely because of the invasion of Russia, of Ukraine, of a sovereign state, but it did drive it much higher globally.

“The impact of what’s occurring in the Red Sea, with the actions of the Houthis, etc, is having an impact.

“We see global conflict affects the global economy, and that is why it is in all of our interests to promote peace and security in our region.

“We see that as investing in our capabilities, including with our alliance with the United States.”