BREXIT REAX AUSTRALIAPrime Minsiter Macolm Turnbull assures Australian is well-placed amid global uncertainty, following Brexit

Prime Minister Malcolm Turnbull and Opposition leader Bill Shorten are warning Britain's decision to leave the European Union carries important lessons on who should govern Australia. Policy makers are now trying to figure out what Brexit means for Australia.

Australian Prime Minister Malcolm Turnbull speaks to the media on the referendum in the UK to leave the European Union Source: AAP