CANBERRA, ACT, March 5 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: economic implications of Middle East conflict, investment discussions with Canadian Finance Minister, vote for superannuation changes
Chalmers:
The government is closely monitoring developments in Iran and the Middle East, including implications for the global economy, our domestic economy, and obviously markets as well. The full consequences of this conflict are uncertain, but they're likely to be substantial. We already had challenges in our economy with inflation and global economic uncertainty, and what we're seeing in the Middle East will make those challenges harder rather than easier, and this will be a key focus of the Budget in ...