Prime Minister Netanyahu continues to meet world leaders in the wake of the UN general assembly in New York and yesterday (Wednesday) met with his Australian counterpart, Malcolm Turnbull.

At the beginning of their meeting Netanyahu said to Turnbull, "It's always a pleasure to see you. You are a great friend of Israel. Australia and Israel have a solid friendship and I'm looking forward to coming to visit Australia and to seeing you in Israel soon."

Turnbull responded by saying "Very good, Lucy (wife of the Australian prime minister) was there earlier this year."

Turnbull added that "We've launched our first innovation center together with you. The 'start-up nation' has been a great inspiration to our whole innovation agenda. Our innovation launchpad is there and we'll see a lot more collaboration between Australian and Israeli innovators and financiers in Australia and Israel. This is a very important step for us. As you know, that's' the way you have to stay ahead in the 21st century: You must innovate and take on the challenges of technology and bring the imagination there with the technology and that's how you secure prosperity."

Netanyahu responded that "I agree. I think the future belongs to those who innovate and we both have innovative nations so we can do a lot more together than separately.

Netanyahu added that "Also, we owe you one for the Australian troops and the liberation of our country from the Ottoman Empire. That was a great event. I think it was the last cavalry rush in history."

Turnbull answered: "The last cavalry charge – that’s right, in Beersheba."

Netanyahu responded: "You have to come and see it (Beersheba)" and Turnbull replied: "I will. I’ll do that. I look forward to coming back."