If my four years in Singapore, on top of more than three decades in the wider Australian foreign service, has convinced me of one thing, it is this: that the rise of the economies of Asia is the dynamic of our time. Australia stands to secure great benefit from these dynamics – if we play it right.

Australia has achieved great success in a world underpinned by US leadership, economic openness and global rules. That world appears to be under pressure. But I believe it is not broken.