'I did it my way': Bill Shorten to retire from politics

Anthony Albanese and ex-Labor leader Bill Shorten announced the latter's retirement from politics. Video via AAP.

Transcript

00:00I think it's a credit to Bill that this news will come as a surprise because at no point

00:06in the past two and a bit years would any observer of Australian politics think that

00:12Bill Shorten was taking it easy or slowing down.

00:16Through his years as leader no one worked harder than Bill.

00:19No one brought more energy, enthusiasm, ideas and ambition to advocating for the need for

00:26a Labor government.

00:27Over 30 years ago when I joined the Australian Workers' Union I was driven by the belief

00:36that everyone, regardless of circumstance, deserves an equal opportunity.

00:41This is always when Labor is at its best, when we are the party of ambition and compassion.

00:50When we use the power of politics to stand up for those who were denied power by the

00:55circumstances of their birth or the shafts of fate, the Prime Minister gets that.

01:00It's what drives our entire government.