With a G20 leaders' meeting happening in Russia this weekend, it's an opportune time to catch up with the Lowy Institute's G20 Studies Centre Director, Mike Callaghan.  

At the end of January, Mike authored a new Lowy Institute Analysis, Relaunching the G20, which was quickly picked up in domestic and international media for its practical nine-point advice on how Australia can make the most of its chairing role in 2014.

In this latest 'In conversation' video, Mike elaborates on the arguments in his Analysis, reminding us why the G20 remains important (0:22), why it must be 'relaunched' to overcome its shortcomings from previous summits (1:10) and why Australia must to begin preparations now for its 2014 chairing role (2.32). 

2014 may still feel like some time away, but as Mike points out, 'It's going to take a lot of hard work. It's going to take a lot of preparation. And Australia should be starting to do it now'.