The 21st century's new nation, Timor Leste, may have found peace and stability, but prosperity is not guaranteed.

November 28 marks 38 years to the day when the former Portuguese colony declared its independence, only to be invaded and occupied by Indonesia 10 days later.

A 24-year struggle saw the Timorese people finally break free of Indonesia in 1999, but not without anti-independence militia leaving up to 1000 dead.

The inaugural Timor-Leste Update at ANU, to be held on November 28-29, includes reflections on its progress in its first decade as a nation.

Speakers include Dr Fidelis Magalhaes, chief of staff to Timor-Leste's President, and high ranking government minister Agiio Pereira.