The Palestinian Authority (PA) in the West Bank says it is prepared to yield to demands from countries including Australia to reform its processes and administration, as part of the process to recognise Palestinian statehood.

Australia will recognize a Palestinian state at next month's United Nations General Assembly, Prime Minister Anthony Albanese said.

Australia will recognize a Palestinian state, Prime Minister Anthony Albanese said Monday, joining the leaders of France, Britain and Canada in signaling they would do so.