Ms Gillard was addressing the Australia-Israel Chamber of Commerce in Melbourne a day immediately after Opposition Leader Tony Abbott also delivered a key speech on the economic system.
The two speeches have signalled the intention of both leaders to make the economic climate the key battleground for the political 12 months forward.
Ms Gillard says the current time period of financial changeover has produced an opportunity to create a higher-expertise, large-tech, quick-broadband, clean-electricity economic climate .
In this ten years, Australia can construct a wealthy, fair economic climate - exactly where doing work individuals get their discuss of the rewards - where strength is sustained into the foreseeable future, she stated.
Ms Gillard highlighted the resilience of the economic system in comparison to the troubled scenario in Europe and mentioned it confirmed the value of fiscal self-discipline, promising the spending budget would be again in the black up coming monetary year.
While worldwide problems make it harder, we are strongly put to deliver a surplus for 2012-13, she mentioned.
My firm conclusion is that handing down a price range surplus in Could is the proper contact in the current economic conditions.
She set the powerful Australian dollar down to self confidence in the economic climate and claims it is probable to continue to be fairly large for years to occur.
And whilst some sectors are undertaking it hard simply because of the dollar's rise, Ms Gillard claims Australia can Toronto Maple Leafs Jerseys make the modify function for us .
These are potent, economic climate-wide transformations, probably finest assumed of as increasing pains, she stated.
We can see an chance to construct a new Australian economic climate.
'Big milestones'
These are huge milestones on the reform highway this calendar year - insurance policies which raise productivity and build the new economic climate.
Prime Minister Julia Gillard
These are big milestones on the reform highway this yr - policies which elevate productiveness and construct the new economy, she stated.
There was minor new in the speech but the Prime Minister did announce that she was bringing ahead a proposal to bring in HECS-style financial loans for vocational pupils.
Below the ideas now staying produced, countless numbers of vocational education and learning and instruction pupils would no longer have to shell out upfront fees, even though other individuals would be guaranteed a important payment subsidy of us to $seven,800, she mentioned.
I want the children who learn these essential expertise to have the exact same proper to a very low-value financial loan as youngsters who review economics or legislation.
The proposal will be taken to the states and territories at the year's first Council of Australian Governments assembly.
Mr Abbott criticised the speech as getting loaded with cliches and platitudes .
[There's] practically nothing about reducing personal debt, absolutely nothing about getting the cost-of-dwelling stress off households, Wholesale NHL Jerseys he mentioned.
She didn't mention the $167 billion of amassed deficits, absolutely nothing about the 19 new or increased taxes. report=2012-02-03data
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