ANTHONY ALBANESE, PRIME MINISTER: National Cabinet have had a very successful meeting here in Brisbane today, and I want to begin by thanking Annastacia for hosting us here in the great state of Queensland. Today, we have determined a range of reforms around the theme for a better future for the Federation.

The Australian Government will commit an additional $65 million towards the planned UTAS Stadium redevelopment in Launceston.

This matches the commitment already made by the Tasmanian Government, and will accelerate the transformation into a hub of economic activity for Tasmania’s north.

The funding injection means stages 1 and 2 are now able to be completed and the project can be enhanced to meet the regions needs for the longer term.

ANTHONY ALBANESE, PRIME MINISTER: Good afternoon, thanks for joining me. It's great to be here in Launceston, to announce that the Federal Labor Government in the Budget on May 9 will have $65 million to match the Tasmanian Government's contribution to upgrade UTAS here. This is about providing world class facilities for sport, but also to attract other events here in Launceston. This ground, I was here, way back, as the Infrastructure Minister more than a decade ago to announce federal funding for the stadium, the grandstands that we see around here.

A once in a generation vision for Hobart’s last remaining waterfront and urban development site will be realised, under a partnership between the Australian and Tasmanian Governments.

A Federal Government investment of $240 million under the 2023-24 Budget, will help unlock the potential of the Macquarie Point precinct, cementing the site as the next step in building a more vibrant Hobart.

ANTHONY ALBANESE, PRIME MINISTER: Well, thanks very much. It's great to be here on this very brisk Hobart morning with Premier Rockliff, with my Ministers, Julie Collins, Catherine King, and Carol Brown, as well as the members of the Premier's team for what is a very exciting announcement. This is Tasmania, here in Hobart's last possible urban waterfront development site. And I said to the Premier as we were walking up here, along what looks like a pretty derelict land that we've walked along the path here, that we didn't need to do this to set us up.

ANTHONY ALBANESE, PRIME MINISTER: My first act as Prime Minister was, on the 23rd of May last year, to travel to Tokyo for the Quad Leaders meeting. I met with President Biden, Prime Minister Modi and we were hosted by Prime Minister Kishida. That was an important meeting for Australia to work with our very close partners in the region and it was a very positive way for me to begin my Prime Ministership. I am pleased today to announce that Sydney will be the host of the Quad Leaders meeting for 2023 and that meeting will be held here on 24 May 2023.

HOST: Well, he's on his way to Brisbane for National Cabinet. Should we all be upstanding? And I will play the anthem. It's Prime Minister Anthony Albanese. Hello, Albo. Here's the anthem.

HOST: Hello, Albo.

ANTHONY ALBANESE, PRIME MINISTER: It's very brave of you to play on Brisbane radio the day before the Broncos match.

HOST: We are all about balance here on Triple M.

PRIME MINISTER: Go the Bunnies.

BRONTE LANGBROEK, HOST: He is in Queensland. And he is one of our Instagram followers, Cliffo. You might be wondering who this is. It is Prime Minister Anthony Albanese. He joins us. Good morning.

ANTHONY ALBANESE, PRIME MINISTER: Good morning. How are you?

GUY CLIFTON, HOST: Albo, we're on our very best behaviour. Bronte's ironed her shirt this morning. I've had a shave. I kind of feel like this is like the boss is in town.

LANGBROEK: The boss of the boss of the boss.

MILTON DICK, MEMBER FOR OXLEY: Well, it's a real honour to be here in the Oxley electorate and particularly to welcome the Prime Minister, Anthony Albanese, who is a great friend of the Ipswich community, but more importantly, is a true believer in the innovation and the jobs - alongside the Premier and our elected representatives - exactly what Coles is doing today, investing in our people and cutting edge technology. So, it's a real privilege to have the Prime Minister back in Oxley again. 

Today, Prime Minister Albanese met with His Excellency Russ Kun, President of the Republic of Nauru, in Brisbane.

Prime Minister Albanese and President Kun discussed Australia and Nauru’s shared priorities for regional security, climate resilience and regional connectivity.

Australia is supporting infrastructure projects in Nauru through the Australian Infrastructure Financing Facility for the Pacific. These include Nauru’s Airport Refurbishment Project and the East Micronesia Cable Project.